NEWS: Crypto exchange BitMEX fined $100M for ‘ignoring AML laws to boost revenue’
By Jonathan Stempel
THE cryptocurrency exchange BitMEX has been fined $100 million for deliberately ignoring U.S. AML laws in order to boost revenue, the U.S. Department of Justice has said.
BitMEX, also known as HDR Global Trading, was sentenced by U.S. District Judge John Koeltl in Manhattan, after pleading guilty last July.
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