Official announcements from regulatory bodies such as the U.S. Department of Justice, Commodity Futures Trading Commission, or other international regulators

BitMEX, HDR Global Trading Limited, Pleads Guilty to Violating Bank Secrecy Act

Jul 10, 2024, 08:30 PM

Global cryptocurrency exchange BitMEX, operated by HDR Global Trading Limited, has pled guilty to violating the Bank Secrecy Act. The company admitted to operating without an adequate anti-money laundering (AML) program. The case is overseen by U.S. District Judge John G. The guilty plea highlights significant regulatory challenges within the cryptocurrency industry.