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BitMEX Co-founder Samuel Reed Was Arrested by The DOJ

Mary Liu

Summary: According to the U.S. Department of Justice's official announcement, Samuel Reed, BitMEX co-founder and CTO, was arrested by DOJ in Massachusetts this morning and handed over to the federal court in Massachusetts. BitMex CEO Arthur Hayes, co-founder Benjamin Delo, and head of business development Gregory Dwyer remain at large. The Four were charged with one ...

According to the U.S. Department of Justice's official announcement, Samuel Reed, BitMEX co-founder and CTO, was arrested by DOJ in Massachusetts this morning and handed over to the federal court in Massachusetts. BitMex CEO Arthur Hayes, co-founder Benjamin Delo, and head of business development Gregory Dwyer remain at large.

The Four were charged with one count of violating the Bank Secrecy Act, and one count of conspiring to violate the Bank Secrecy Act, each of which carries a maximum penalty of five years in prison.  

By Mary Liu

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