🚨BitMEX, the crypto exchange, has sheepishly admitted to violating the Bank Secrecy Act (BSA) by operating without a proper Anti-Money Laundering (AML) program. 😲 The US Department of Justice has been on their tail, with US Attorney Damian Williams stating that BitMEX was a "vehicle for large-scale money laundering." Ouch!
The exchange's founders, Arthur Hayes, Benjamin Delo, and Samuel Reed, are now facing the music. They've been ordered to pay a whopping $30 million penalty and are on probation after pleading guilty.
So, what's the lesson here, crypto enthusiasts? Let's keep things clean and above board, shall we? 💼👀 Share your thoughts below! #BitMEX #CryptoNews