Blog: BitMEX co-founder sentenced to probation over money-laundering violations – Financial News

Benjamin Delo, a co-founder of cryptocurrency derivatives exchange BitMEX, was sentenced to 30 months probation for violating US anti-money-laundering law.

Delo, who was sentenced 15 June in federal court in New York, has also paid a $10m penalty as part of a deal with prosecutors and the US Commodity Futures Trading Commission. He pleaded guilty in February to a single count of violating the Bank Secrecy Act.


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