Data from price trackers including CoinMarketCap showed light fluctuation for BTC/USD on the day, with the past 24 hours seeing a narrow trading corridor of $160. $11,500 provided the upper bound, with the level proving to be de facto resistance throughout the week as Bitcoin tackled the path higher.
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BitMEX hires chief compliance officer following U.S. money laundering charges
Notably, the new compliance officer is expected to bring expertise on the Financial Action Task Force’s recommendations for virtual asset service providers
Global Digital Finance’s Anti-Money Laundering Working Group advisory council Malcolm Wright is now the chief compliance officer of troubled crypto derivatives exchange’s BitMEX operator.
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The BitMEX cofounders may be out, but their bios are still up on the exchange's website (Photo: BitMEX)BitMEX’s Samuel Reed released on $5M bail
The cryptocurrency derivatives exchange’s CTO was one of four executives arrested on Oct. 1, when criminal and civil charges alleging insufficient money laundering protections were unsealed
Under the terms of his bail, Reed had to put up $500,000 in cash. In addition, both he and his wife had to surrender their passports. He can only travel in New York, Massachusetts, and Wisconsin, with parole office approval.
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Attorney General William Barr brings the law enforcement hammer down on crypto (Photo: Department of Justice)DoJ launches law enforcement guide to crypto
The Department of Justice’s extensive report, ‘Cryptocurrency: An Enforcement Framework,’ singles out many of the challenges cryptocurrencies bring to law enforcement
U.S. Attorney General William Barr today released an 83-page report detailing the threats and challenges cryptocurrencies pose to law enforcement, and in some ways, it’s a doozy.
