BitMEX and its co-founders pleaded guilty to intentionally failing to comply with anti-money laundering and know-your-customer requirements from 2015 to 2020

Quotes that support claims

Prosecutors said the exchange "willfully" failed to establish, implement and maintain an adequate anti-money laundering program between 2015 and 2020.

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.