Prosecutors said BitMEX had taken few steps to limit customers even after being informed that the exchange was being used by hackers to launder stolen money, and by people in countries under sanctions, like Iran. Advertisement Continue reading the main story “BitMEX made itself available as a vehicle for money laundering and sanctions violations,” the indictment released on Thursday said. BitMEX has handled more than $1.5 billion of trades each day recently, making it one of the five biggest exchanges on most days. BitMEX and Mr. Hayes have been known for pushing the limits in the unregulated cryptocurrency industry.

https://www.nytimes.com/2020/10/01/technology/bitmex-bitcoin-criminal-charges.html