Former BitMEX CEO Arthur Hayes surrendered to U.S. authorities in Hawaii on Tuesday, six months after federal prosecutors first levied fees in opposition to him and three fellow BitMEX executives.
In a press release, Hayes’ attorneys described the Singapore resident as “a self-made entrepreneur who has been wrongly accused of crimes that he didn’t commit,” including:
“Mr. Hayes voluntarily appeared in courtroom and appears ahead to combating these unwarranted fees.”
Hayes was launched after posting a $10 million bail bond pending future proceedings in New York.
Hayes’ attorneys proposed his give up in Hawaii final month. Discussions centered round Hayes’ potential launch topic to the $10 million bail bond, his retention of a passport for journey between Singapore and the USA, and a waiver of extradition mutually agreed upon by each events.
Hayes’ illustration started talks with the U.S. authorities after his indictment was unsealed in October 2020.
The federal government accuses Hayes, BitMEX co-owners Ben Delo and Greg Dwyer, and former BitMEX CTO Samuel Reed of violating the Financial institution Secrecy Act by failing to take care of sufficient anti-money laundering safeguards and failing to forestall U.S. residents from accessing the change regardless of the corporate not being registered with the Commodity Futures Buying and selling Fee.
Reed was arrested in October, whereas Delo voluntarily surrendered to authorities in New York final month, with each pleading not responsible and being launched on bond. Dwyer stays at giant, nonetheless his attorneys state they’ve notified the U.S. authorities as to Dwyer’s whereabouts and intention to battle the fees in opposition to him.