Arthur Hayes, Benjamin Delo, and Samuel Reed were previously sentenced to probation for failing to implement anti-money laundering and know-your-customer programs at BitMEX

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Hayes faced two years of probation; Delo spent 30 months on probation and Reed 18 months on probation. Dwyer got 12 months of probation.

Hayes and Delo pleaded guilty in February 2022, admitting they 'willfully fail[ed] to establish, implement and maintain an Anti-Money Laundering program' at BitMEX, while Reed entered a plea a few weeks later.