The lawyers of the former CEO of the BitMEX cryptocurrency derivatives exchange Arthur Hayes agreed with the US authorities on his voluntary surrender and release on bail.
Under the agreement, Hayes will arrive at a court in Hawaii on April 6, which will release him on $ 10 million bail secured by $ 1 million in cash and obligations to his mother.
The ex-head of BitMEX will reside in Singapore and will retain his US passport for travel to the court in New York, which is pending the case. Hayes will refuse to extradite.
Under the standard bail conditions, he is not required to own a firearm and is required to report any contact with law enforcement to the US authorities within 24 hours.
The US Commodity Futures Trading Commission (CFTC) filed a lawsuit against BitMEX and its owners in October 2020. Additionally, the Justice Department charged Hayes, Ben Case, the company’s head of business development Greg Dwyer and CTO Samuel Reid, for violating the Bank Secrecy Act.
Reed was arrested in the United States and released on $ 5 million bail .
In early March, it became known that Hayes was negotiating with the US authorities on a voluntary surrender.
Recall that in December the ex-head of the Stuttgart Stock Exchange, Alexander Heptner, took over as CEO of BitMEX.499124502-Hayes-BitMEX