🚨 Cryptocurrency exchange BitMEX admitted to violating the Bank Secrecy Act, according to the US prosecutor's office for the Southern District of New York.😮 ​​This crime is punishable by a maximum of five years in prison and a fine. Prosecutor Damian Williams stated that BitMEX did not implement a meaningful anti-money laundering (AML) program in its U.S. operations in accordance with federal law requirements.😱💸 This made BitMEX a vehicle for large-scale money laundering and sanctions evasion, and the financial system It posed a serious threat to its integrity.🔍