USA v. HDR Global Trading Limited (BitMEX)

Description

The DOJ charges BitMEX with criminal violations of the BSA for failing to maintain adequate KYC/AML procedures. BitMEX pled guilty to the charges.

Legal Significance

The charges stem for the same conduct that BitMEX founders (including Arthur Hayes) Pled guilty to a few years ago. See USA v. Hayes

Issues

AML / KYC / Sanctions

Status

Complaint Filed

Case No.

1:24-cr-00424

Date Filed

July 10, 2024

Plaintiff

United States of America

Defendant

HDR Global Trading Limited

Court

USDC Southern District of New York

Plaintiff Counsel

Defendant Counsel

Allen Overy Shearman Sterling US LLP

Major Filings

Information

July 10, 2024

Waiver of Indictment

July 10, 2024

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