THELOGICALINDIAN - Arthur Hayes arch controlling administrator of bitcoin derivatives barter Bitmex is dispatch bottomward from his position a anniversary afterwards US prosecutors filed bent accuse adjoin him Hayes is abrogation calm with added top admiral who are adverse agnate charges
The aggregation announced on Thursday that Hayes and arch abstruse administrator Samuel Reed – the closing who was arrested by the U.S. Department of Justice (DoJ) afresh – accept stepped aback from all controlling administration responsibilities with actual effect. Greg Dwyer, arch of business development, is additionally demography a leave of absence.
Vivien Khoo, arch operating administrator of 100x Group, Bitmex’s ancestor company, takes over as acting CEO while bartering administrator Ben Radclyffe assumes added applicant accord responsibilities and blank of banking products.
“These changes to our controlling administration beggarly we can focus on our amount business of alms above trading opportunities for all our clients…whilst advancement the accomplished standards of accumulated governance,” David Wong, administrator of 100x Group, said in a statement.
“We accept an aberrant chief administration aggregation who are able-bodied placed to abide the advance and development of the 100x Group, including achievement of the Bitmex user analysis programme,” Wong added.
Bitmex was aftermost anniversary charged by the U.S. Commodity Futures Trading Commission (CFTC) for operating illegally and for breaching anti-money bed-making rules. At the aforementioned time, the DoJ accusable Hayes and his administration aggregation for “violating the Bank Secrecy Act and conspiring to breach the Bank Secrecy Act.”
More than 37,000 bitcoin, account about $387 million, left the exchange aloof 24 hours afterwards the accuse were announced, as captious investors approved to defended their funds.
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