BitMEX cryptocurrency exchange agrees to pay $100 million to settle U.S. charges

BitMEX cryptocurrency exchange agrees to pay $100 million to settle U.S. charges

4 years ago
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https://www.reuters.com/article/us-usa-cftc/bitmex-cryptocurrency-exchange-agrees-to-pay-100-million-to-settle-u-s-charges-idUSKBN2FB1XH

WASHINGTON (Reuters) -BitMEX, one of the world's largest virtual currency derivatives exchanges, has agreed to pay up to $100 million to settle U.S. charges of unlawfully accepting customer funds to trade cryptocurrencies when it was not registered to do so as well as failure to conduct customer due diligence.

BitMEX cryptocurrency exchange agrees to pay $100 million to settle U.S. charges

Aug 11, 2021, 12:22am UTC
https://www.reuters.com/article/us-usa-cftc/bitmex-cryptocurrency-exchange-agrees-to-pay-100-million-to-settle-u-s-charges-idUSKBN2FB1XH >WASHINGTON (Reuters) -BitMEX, one of the world's largest virtual currency derivatives exchanges, has agreed to pay up to $100 million to settle U.S. charges of unlawfully accepting customer funds to trade cryptocurrencies when it was not registered to do so as well as failure to conduct customer due diligence.