Shutterstock
Main page News, Exchange, Cryptocurrency Exchanges, Regulations

The notorious BitMEX cryptocurrency exchange has announced it had signed a partnership agreement with Eventus Systems to support its trade surveillance and anti-money laundering (AML) policy.

Subscribe to our Telegram channel to stay up to date on the latest crypto and blockchain news.

With the partnership, the exchange will be able to more screen out fraud schemes and increase "proactive monitoring for unauthorized trading activity." 100x Group CCO, Malcolm Wright, says the exchange plans to mature its compliance capabilities, with a vision of "leading the industry" on best practice crypto compliance.

"Choosing Eventus is part of our ongoing commitment to achieve this vision as we execute signature initiatives like our User Verification Programme," Wright added.

The partnership with Eventus comes a month after the US watchdog, the US Commodity Futures Trading Commission, filed civil charges against the exchange's executives.

BitMEX Shutdown Kicks Off the War for Crypto Derivatives Market Dominion

The US Attorney for the District of New York also indicted BitMEX's CEO Arthur Hayes, Ben Delo and Samuel Reed, along with Gregory Dwyer, on federal charges of violating the Bank Secrecy Act and conspiracy to violate the Bank Secrecy Act.

Access more than 50 of the world's financial markets directly from your EXANTE account – including NASDAQ, London Stock Exchange and Tokyo Stock Exchange.

Read also:
Strawberry Cake Media Corp. © 2024 Cookie Policy Editorial team Archive

ihodl.com is an illustrated edition about cryptocurrencies and financial markets.
Every day we publish the best materials for everyone interested in economy.