U.S. District Court for the Southern District of New York imposed a $30 million total civil monetary penalty on the BitMEX co-founders, which includes former CEO Arthur Hayes.

According to the aforementioned, Hayes and Benjamin Delo were fined $10 millions in consent payments. StatementThe Commodity Futures Trading Commission, (CFTC), at the end of a court fight on May 5. In which the CFTC claimed they had violated the Commodity Exchange Act as well as CFTC regulations between November 2014 and October 2020.

Additional legal battles