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BitMEX Founder Surrenders to U.S. Authorities, Pleads Not Guilty

BitMEX cofounder Benjamin Delo has turned himself in following charges that the exchange skirted AML laws. Reports have emerged that one of the cofounders of leading cryptocurrency derivatives platform BitMEX, Benjamin Delo, has surrendered to authorities in the United States. Delo faces charges that he violated the country’s anti-money laundering (AML) laws during his time at the exchange. Delo, who traveled from the United Kingdom to New York this week, was arraigned before Magistrate Judge Sarah L. Cave in a remote proceeding, Bloomberg reported. He pleaded “not guilty” to the charges and he was released on a $20 million bail…

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