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BitMEX’s Dwyer Pleads Guilty in Case Tied to Crypto Exchange

Aug. 8, 2022, 8:44 PM

Gregory Dwyer, BitMEX’s head of business development and one of its first employees, joined co-founders of the company in pleading guilty to charges that they failed to guard against money laundering at the cryptocurrency exchange, the US Justice Department said in a statement.

  • Dwyer, 39, pleaded guilty Monday before US District Court Judge John G. Koeltl in New York to one count of violating the Bank Secrecy Act, which carries a maximum penalty of five years in prison, the department said
  • BitMEX founders Arthur Hayes, Benjamin Delo and Samuel Reed had previously pleaded guilty and were sentenced by ...