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Cryptocurrency executive agrees to extradition to face US banking law charges
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4/7/2021 2:50:34 AM GMT
After six months of negotiations, the former BitMEX CEO surrenders to US authorities.
Arthur Hayes appeared before a federal judge in Hawaii.
The former BitMEX executive is released on a $10 million bond, awaiting future court proceedings in New York.
The former CEO of the crypto derivatives exchange BitMEX has surrendered to the United States authorities in Hawaii.
Arthur Hayes released on a $10M bond
Six months after federal prosecutors first charged former BitMEX CEO Arthur Hayes, the Singapore resident has shown up in Hawaii to defend his charges. Hayes was one of the few BitMEX executives who were charged with violating and conspiring to violate the Bank Secrecy Act by the Department of Justice and the Commodity Futures Trading Commission.