Former BitMEX CEO Arthur Hayes Sentenced to 2 Years Probation

Former BitMEX CEO Arthur Hayes was sentenced to two years of probation, with home detention for six months and location monitoring, in a federal courthouse in New York on Friday. Hayes had pleaded guilty in February to charges he willfully failed to implement an anti-money laundering (AML) program at the exchange. Judge John Koeltl of the U.S. Southern District Court in New York agreed that Hayes would be able to travel internationally after successfully completing his period of home detention, checking in with his probation officer as necessary via video call from his home in Asia. Previously, A plea deal Hayes made with the government earlier this year outlined a sentencing guideline of six to 12 months in prison.