Bitmex Settles $100 Million Fine for Money-Laundering Violations
- Bitmex was fined $100 million for violating U.S. money-laundering regulations.
- The legal battle involved breaches of the U.S. Bank Secrecy Act.
- HDR Global Trading Limited operates the Bitmex exchange.
- In July 2024, HDR Global Trading admitted guilt in these violations.
Bitmex, operated by HDR Global Trading Limited, agreed to pay a $100 million fine after admitting to contravening the U.S. Bank Secrecy Act as part of a settlement reached in July 2024.
