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BitMEX co-founder Benjamin Delo avoids jail, receives 30 months probation

Published 06/16/2022, 01:35 AM
Updated 06/16/2022, 03:40 AM
BitMEX co-founder Benjamin Delo avoids jail, receives 30 months probation

Benjamin Delo the co-founder of cryptocurrency exchange BitMEX has been sentenced to 30 months probation for violating the Bank Secrecy Act (BSA), which is an anti-money laundering law.

The sentence, handed down at a federal court in New York on June 15th, follows his guilty plea to charges in February of “willfully failing to establish, implement and maintain an Anti-Money Laundering (AML) program” in his role at BitMEX.

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