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BitMEX Founder Sentenced to Two Years Probation

Arthur Hayes, co-founder of pioneering crypto derivatives exchange BitMEX, has been sentenced to two years probation for violating the Bank Secrecy Act by failing to put in safeguards against money laundering. Hayes will serve the first six months of his probation in home confinement as part of his sentence, but avoided jail time, according to Bloomberg. BitMEX earlier paid $100 million to...

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