New York court to try former BitMEX executive in March next year

According to the Cointelegraph, on May 11, New York judge John Koeltl scheduled a trial for former BitMEX CEO Arthur Hayes, co-founder of Benjamin Delo and CTO Samuel Reed, scheduled for March 28, 2022. Our defendant violated the Banking Criminal Code and the Money Laundering Protection Act. BitMEX Marketing Development Manager Gregory Dwyer is also still in the doldrums, but has yet to emerge in that regard. On October 1, 2020, the US Department of Justice indicted these four leaders with criminal mischief. Lawyers have accused BitMEX regulators of failing to follow financial protection procedures when dealing with U.S. traders. According to the Law360 opinion, all defense requests must be submitted before June and all other probation requests must be submitted before September. If found guilty, the police could face up to five years in prison and a fine of $ 250,000.