BitMEX Admits to Money Laundering Charges Under U.S. Bank Secrecy Act Violation

BitMEX, the cryptocurrency exchange, recently admitted to charges of money laundering violations. The U.S. Attorney’s Office for the Southern District of New York announced BitMEX’s breach of the Bank Secrecy Act in an anti-money laundering case. BitMEX’s operations from 2015 to 2020 failed to implement any anti-money laundering procedures in the United States. BitMEX faces

Source: CoinOtag