Progress in BitMEX CEO Arthur Hayes Trial
In the United States, there has been a new move in legal action regarding former CEO of cryptocurrency derivatives exchange BitMEX, Arthur Hayes.
In a document submitted to the court by US prosecutor Jessica Greenwood, Hayes said he had discussed with US government officials about the appearance of the trial. Hayes currently resides in Singapore, but will be coordinating to have a remote court appearance in Hawaii.
In October 2008, BitMEX and former CEO Hayes pointed out that the US Department of Justice (DOJ) and the US Commodity Futures Trading Commission (CFTC) violated the Bank Secrets Act (BSA) and rules regarding derivative products. It was accused. Later, some executives, including Hayes, were dismissed from their positions.
According to documents submitted by the prosecutor, he is considering a plan to proceed to appear in Hawaii on April 6, 2021.
Regarding remote court appearances, Hayes et al.’S representative lawyer Pavel Pogodin said, “The plan is to arrive in Hawaii and appear in remote court form, but I will continue to live abroad and travel to the United States. If you do, you will go directly to a court in New York. ” This time, it is just a part of the action to appear in court, and it does not mean that it led to arrest.
Hayes has been dismissed from the CEO, but he still seems to be involved in BitMEX. He posted a sentence on SNS on February 19th for the first time in a few months. He has written an analysis on BitMEX‘s blog about recent Robin Hood trends and the benefits of cryptocurrencies such as Bitcoin (BTC).
Progress in BitMEX CEO Arthur Hayes Trial - /10