This is because the exchange neglected KYC (Know Your Customer) procedures, allowing fraudulent financial transactions. This punishment was carried out by the CFTC (U.S. Commodity Futures Trading Commission) and the DOJ (U.S. Department of Justice)…

BitMEX fined $100 million for violating anti-money laundering laws | NEXTMONEY

BitMEX fined $100 million for violating anti-money laundering laws | NEXTMONEY
This is because the exchange neglected KYC (Know Your Customer) procedures, allowing fraudulent financial transactions. This punishment was carried out by the CFTC (U.S. Commodity Futures Trading Commission) and the DOJ (U.S. Department of Justice)…

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