Former BitMEX CEO Arthur Hayes Avoids Prison Time, Sentenced to 2 Years Probation

former-bitmex-ceo-arthur-hayes-avoids-prison-time,-sentenced-to-2-years-probation

The co-founder and former CEO of the crypto derivatives platform BitMEX was sentenced to two years of probation, with the first six months to be spent in home confinement. In late 2020, the Commodity Futures Trading Commission (CFTC) accused the company’s co-founders – Arthur Hayes, Benjamin Delo, and Samuel Reed – of operating a digital … Read more

Commissioner Kristin Johnson to sponsor CFTC Market Risk Advisory Committee

commissioner-kristin-johnson-to-sponsor-cftc-market-risk-advisory-committee

The crypto hawk Biden appointee will sponsor a panel of 36 financial industry executives, thought leaders and other prominent figures. United States Commodity Futures Trading Commission (CFTC) commissioner Kristin N. Johnson was named the sponsor of the agency’s Market Risk Advisory Committee (MRAC) on Tuesday. She replaced CFTC chair Rostin Behnam in that role. Johnson … Read more

BitMEX launches spot crypto exchange following $30M penalty

bitmex-launches-spot-crypto-exchange-following-$30m-penalty

Founded in 2014, BitMEX is one of the world’s oldest crypto trading platforms, but it has never offered spot crypto trading till now. Global crypto derivatives exchange BitMEX is expanding its platform beyond just derivatives by finally launching a spot crypto trading platform. BitMEX officially announced on May 17 that its spot crypto exchange, the … Read more

CFTC commissioner appoints senior policy adviser experienced in digital asset regulation

cftc-commissioner-appoints-senior-policy-adviser-experienced-in-digital-asset-regulation

Keaghan Ames worked at Credit Suisse for more than two years as vice president and head of U.S. regulatory policy, which included advising executives on digital assets regulation. In a Friday announcement, Pham said Keaghan Ames will be her counselor and senior policy adviser at the CFTC starting May 23. Ames worked at Credit Suisse … Read more