๐ฃCrypto exchange BitMEX, the bad boy of DeFi, shrugs off its Bank Secrecy Act violation as "old news" from 2020. Founders, Hayes and Delo, have already pleaded guilty and coughed up $10M each in fines. ๐๐ธ
BitMEX is now playing nice, implementing verification systems to keep US citizens off the platform. They're requesting an expedited sentencing hearing, confident no more fines are coming their way. ๐ค๐๏ธ
Despite the drama, BitMEX insists it's business as usual. Their AML and KYC programs have been audited and they're not expecting any impact on operations. ๐ผ๐
Hayes and Delo are currently on probation, with Hayes also enjoying a 6-month stint of home detention. ๐ โณ
What do you think, folks? Will BitMEX weather the storm or is it a sinking ship? Drop your thoughts below! ๐๐ญ #DeFi #Web3 #CryptoNews