Former BitMEX CEO Arthur Hayes Avoids Criminal Jail

Home / Former BitMEX CEO Arthur Hayes Avoids Criminal Jail

Former BitMEX CEO Arthur Hayes was sentenced to two years of probation with six months of house arrest.
Hayes pleaded guilty in February to charges that he willfully failed to implement an anti-money laundering (AML) program on the exchange.
“I deeply regret that I participated in this criminal activity. My best years are ahead of me. I am ready to turn over a new leaf and start over. I ask that you allow me to return home deeply remorseful and able to begin the next chapter of my life,” stated Hayes.
The prosecution asked for six months to a year in real prison for Hayes.
At the end of his U.S. house arrest, he will be able to travel the world and return to Singapore, where he previously lived.
Hayes will also be able to continue communicating with BitMEX co-founders Samuel Reed and Ben Delo, who also pleaded guilty.

Leave a Reply

Your email address will not be published.