BitMEX’s Arthur Hayes and Ben Delo negotiate surrender to U.S. authorities
Court transcripts have revealed that BitMEX’s fugitive executives Arthur Hayes and Ben Delo are negotiating a surrender with U.S. authorities. The former CEO of crypto derivatives exchange BitMEX, Arthur Hayes, is in negotiations to surrender to U.S. authorities next month concerning charges that authorities levied against four of the exchange’s executives and co-owners in October.Transcripts of a court teleconference dated Feb. 16 indicate Hayes will surrender to the U.S. in Hawaii on April 6. Hayes and his fellow executives are accused of violating the Bank Secrecy Act by the U.S.....
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Legal issues with crypto exchange Bitmex’s cofounders still make the headlines. Benjamin Delo surrendered to the U.S. authorities, and Arthur Hayes agreed to make the same maneuver in April. Delo Released on a $20M Bail Bond According to Bloomberg, Bitmex’s cofounder Benjamin Delo traveled from the U.K. to the United States and pleaded not guilty before U.S. Magistrate Judge Sarah L. Cave. However, he was later released after posting a $20 million bail bond. Per the release terms, Delo was allowed by the judge to return to the United Kingdom. Still, he is set to face a court....
BitMEX's co-owner, Ben Delo, has pleaded not guilty after surrendering to U.S. authorities in New York. Ben Delo, one of the founders and co-owners of embattled crypto derivatives exchange, BitMEX, has surrendered to U.S authorities in New York. According to Bloomberg, Delo was arraigned remotely before U.S Magistrate Judge Sarah L. Cave during a proceeding on March 15. He pleaded not guilty to all charges and was released on a bail bond of $20 million. The bail terms stipulate that he is permitted to return home to the UK and await trial. Delo’s surrender was part of an agreement....
Two energetic entrepreneurs sit at the crossroads of finance, cryptocurrency, banking, securities, and technology. I had the good fortune to meet Messrs Hayes and Delo at the Bitcoin Mercantile Exchange (BitMEX.com)’s Hong Kong office on February 21, 2017. We spoke for about three hours and then I joined Ben Delo for dinner at the Bitcoin HK meetup group. Over the next couple of days, I executed a trade with a lot of help from Delo. My two-day experiment with cryptocurrency derivative trading exposed some of the opportunity and peril of a new financial age. BitMEX’ progress is nothing....
The former CEO of BitMEX has appeared in court in Honolulu and is out on $10 million bond, according to reports.
The former CEO of BitMEX surrendered in Hawaii and was later released after posting a $10 million bond. Former BitMEX CEO Arthur Hayes surrendered to U.S. authorities in Hawaii on Tuesday, six months after federal prosecutors first levied charges against him and three fellow BitMEX executives.In a statement, Hayes’ lawyers described the Singapore resident as “a self-made entrepreneur who has been wrongly accused of crimes that he did not commit,” adding:“Mr. Hayes voluntarily appeared in court and looks forward to fighting these unwarranted charges.”Hayes was released after posting a $10....