BitMEX, Bank Secrecy Act

BitMEX Fined $100 Million for Violating US Bank Secrecy Act
Pioneering cryptocurrency exchange BitMEX was ordered by a judge to pay a $100 million fine for violating US anti-money laundering law, capping one of the first big criminal enforcement cases targeting the crypto market.
BitMEX Fined Additional $100 Million for Violating U.S. Bank Secrecy Act, Bringing Total Penalty to $210 Million
BitMEX, a prominent cryptocurrency exchange, was ordered to pay an additional $100 million fine for violating the U.S. Bank Secrecy Act (BSA) between 2015 and 2020.
US Court Slaps BitMEX With $100 Million Fine for AML Failures
BitMEX was fined $100 million for violating the U.S. Bank Secrecy Act from 2015 to 2020. The Justice Department originally sought a $417 million penalty.
Judge orders BitMEX to pay $100M fine over US banking law violations
Judge John Koeltl has ordered crypto exchange BitMEX to pay $100 million in fines over US banking law violations after a guilty plea.
BitMEX fined US$100 million for violating US anti-money-laundering laws
Prosecutors accuse BitMEX and its founders of failing to adopt anti-money-laundering and “know your customer” programmes.
US says BitMEX fined $100 million for violating Bank Secrecy Act
The cryptocurrency exchange BitMEX has been fined $100 million for violating the federal Bank Secrecy Act by failing to adequately police money laundering, the U.S. Department of Justice said on Wednesday.
Hoodline50m
Block Inc. to Pay $80 Million in Settlement for Violations of Bank Secrecy and AML Laws
Oregon and 47 states settled with Block Inc. for BSA/AML violations, imposing an $80 million penalty and requiring an ...
Block to pay $80M for violating Bank Secrecy Act, anti-money laundering laws
In a coordinated enforcement action by 48 state financial regulators, Block will pay an $80M fine and undertake corrective action for ...
Block to Pay $175 Million for Cash App Customer Service Failures
Jack Dorsey’s Block Inc. will pay up to $175 million for failing to investigate and protect Cash App customers from ...
How AI Is Transforming Banking and What It Means for Your Money
Artificial Intelligence (AI) is part of us and has transformed how we live and work today. This transformation is also ...
KOB 44h
New Mexico to get $1.6M from settlement with Cash App parent company
The parent company of Cash App will pay around $1.6 million to New Mexico to settle claims that the company wasn't doing ...
Albuquerque Journal23h
NM to receive $1.6M as part of Cash App settlement
Block violated the Bank Secrecy Act and anti-money laundering laws aimed at safeguarding the financial system from illicit ...
Nevada joins $80 million enforcement against Block Inc over insufficient enforcement
The State of Nevada has joined 47 other regulatory agencies in taking action against Block Inc, the mobile payment service ...