WebAug 10, 2024 · According to the CFTC and FinCEN, BitMEX must pay a $100 million civil monetary penalty with up to $50 million potentially offset by payments the BitMEX and … WebOct 1, 2024 · The U.S. Commodity Futures Trading Commission (CFTC) and federal prosecutors are charging crypto trading platform BitMEX with facilitating unregistered trading and other violations. The CFTC ...
BitMEX confirms it has reached settlements with CFTC and FinCEN
WebAug 10, 2024 · The CFTC and BitMEX have separately agreed to a Consent Order requiring the payment of a civil money penalty with additional equitable relief. FinCEN’s … WebMay 6, 2024 · The CFTC ordered that Bitfinex pay a US$1.5 million civil monetary penalty and required Bitfinex to implement further systems to prevent unlawful retail commodity transactions. 29 The CFTC... hory bory
BitMEX ‘Attempted to Evade’ US Regulations, CFTC Charges
WebNov 16, 2024 · On Bakkt, the Bitcoin futures platform operated by the Intercontinental Exchange, about 11,000 futures contracts are traded each day. In the past 24 hours (as of September 10), $2.03 billion worth of futures contracts were traded on Binance; $2.01 on Huobi; $1.85 on OKEx; and $1.05 on BitMEX. Futures contracts and the evolution of … WebA Futures Contract is a derivative product and is an agreement to buy or sell a commodity, currency or other instrument at a predetermined price at a specified time in the future (subject to the Early Settlement ). They are either physically settled or cash settled. BitMEX offers several of its trading products in the form of a Futures ... WebOct 1, 2024 · Federal prosecutors in the United States have finally taken action against BitMEX after it was reported in July 2024 that the Commodity Futures Trading Commission (CFTC) was investigating cryptocurrency exchange for illegally offering its services to U.S. customers. psychedelic frogfish camouflage