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CoinOtag 2024-07-15 11:48:02

BitMEX Faces Guilty Plea for Persistent AML Violations and Threatening U.S. Financial Integrity

The founders of cryptocurrency exchange BitMEX are facing significant scrutiny and penalties for failing to adhere to anti-money laundering (AML) laws between 2015 and 2020. Despite previous settlements, BitMEX has pleaded guilty to violating the Bank Secrecy Act (BSA), indicating ongoing issues with AML compliance. Federal prosecutors underscored that BitMEX operated without an effective AML

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