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  2. BitMEX - Wikipedia

    en.wikipedia.org/wiki/BitMEX

    BitMEX was founded in 2014 by Arthur Hayes, [3] Ben Delo, and Samuel Reed, with financing from family and friends. [4] Bitmex completed a SAFE [clarification needed] round of investment in July 2015 then shortly after was inducted into SOSV batch 8 china accelerator program where it sold equity in exchange for labour and financing.

  3. BitMEX fined $100 million by US judge for anti-money ... - AOL

    www.aol.com/news/bitmex-fined-100-million-us...

    The cryptocurrency exchange BitMEX has been fined $100 million for deliberately ignoring U.S. anti-money laundering laws in order to boost revenue, the U.S. Department of Justice said on Wednesday.

  4. Ben Delo - Wikipedia

    en.wikipedia.org/wiki/Ben_Delo

    On 1 October 2020, the Commodity Futures Trading Commission and the US Department of Justice charged BitMEX and its co-founders, including Delo, with various violations of American law. Delo and three others were charged with violating the Bank Secrecy Act by failing to implement an adequate anti-money laundering program. The regulators alleged ...

  5. Funds transfer pricing - Wikipedia

    en.wikipedia.org/wiki/Funds_Transfer_Pricing

    The central office rate is notional in nature and is aligned to market conditions. Thus for all the units, there are two rates available to measure the performance. FTP therefore functions as a revenue "adjustment" made to the bank's balance sheet to reflect the cost of funding, based on the bank's cost of borrowing at the time of origination ...

  6. Arthur Hayes (banker) - Wikipedia

    en.wikipedia.org/wiki/Arthur_Hayes_(banker)

    BitMEX was the first crypto exchange to be charged under the Bank Secrecy Act. The laws require that transactions that are over $10,000 be reported. It is known as Know Your Customer (KYC) information. Hayes stepped down from BitMex in October 2020. Alexander Hoptner replaced Hayes as CEO of BitMEX. [22] [14] [7] [23]

  7. Net stable funding ratio - Wikipedia

    en.wikipedia.org/wiki/Net_Stable_Funding_Ratio

    In addition to changes in capital requirements, Basel III also contains two entirely new liquidity requirements: the net stable funding ratio (NSFR) and the liquidity coverage ratio (LCR). On October 31, 2014, the Basel Committee on Banking Supervision issued its final Net Stable Funding Ratio (it was initially proposed in 2010 and re-proposed ...