Featured

Why Arthur Hayes is facing 5 years in prison | BitMEX charges explained

Thanks! Share it with your friends!

You disliked this video. Thanks for the feedback!

Added by allcryptostaff
42 Views
Former FinCEN chief counsel Carlton Greene explains how US regulators brought charges against BitMEX and Hayes. He also answers the question: is crypto unfairly targeted by US regulators?

0:00 Intro
2:01 What are the charges against BitMEX and Arthur Hayes?
4:41 How was BitMEX soliciting U.S. customers?
6:06 Was BitMEX only operating outside of U.S. soil?
6:42 What are the penalties for violating the Bank Secrecy Act?
8:18 What are the criminal charges against Arthur Hayes and BitMEX?
9:10 Are both the CFTC and DOJ pressing charges against BitMEX for Bank Secrecy Act violations?
9:44 Will the CFTC's civil action force BitMEX to shut down?
10:22 How useful are SARS for preventing money laundering?
13:18 Why are big banks able to allow money laundering in spite of SARS?
15:04 Does U.S. regulation unfairly target crypto entities?
19:28 Are unregulated crypto exchanges easy targets for U.S. regulators?
22:04 What will be the CFTC and DOJ's next course of action against BitMEX?
23:00 What are the main objectives of the AML enforcers?
24:40 Final comments on the BitMEX and Arthur Hayes case
25:26 Outro

Get your Cointelegraph merch here: http://bit.ly/2X67nM7
Use this code for your 30% discount in our store: HODLERSDIGEST30

#Cointelegraph #Bitcoin #CryptoMarkets

Subscribe to Cointelegraph: https://goo.gl/JhmfdU

Follow COINTELEGRAPH:
Website: https://cointelegraph.com/
Telegram: https://t.me/cointelegraph
Facebook: https://www.facebook.com/cointelegraph
Twitter: https://twitter.com/cointelegraph

Cointelegraph covers everything Bitcoin, bringing you the latest news, prices, breakthroughs, and analysis, with emphasis on expert opinion and commentary from the digital currency community.
Category
Crypto News

Post your comment