Representatives of the parent company of the cryptocurrency derivatives exchange BitMEX said HDR Global Trading will do its best to fight the allegations against BitMEX’s management.
“We strongly disagree with the arbitrary decision of the US government and plan to resist with all our might. From the first days of our work, even as a startup, we have always strived to comply with all laws applicable to our activities, as far as we understood them at the time, and acted on the basis of the existing instructions, ”said a representative of HDR Global Trading.
The situation was also commented on by the lawyers of the business development manager at BitMEX Greg Dwyer:
“We are surprised and alarmed by these actions. Our client, Greg Dwyer, has always worked with the CFTC, complied with all requirements and laws, but he was not even invited to the attorney’s office in Manhattan. He helped create a large-scale international business that has always worked as honestly as possible. We will vigorously dispute these charges. ”
Recall that the US Commodity Futures Trading Commission (CFTC) has filed a lawsuit against the top managers of BitMEX and a group of affiliated companies in the Court of the Southern District of New York. The CFTC accuses the management of the exchange of violating the Bank Secrecy Law, as well as non-compliance with AML and KYC procedures.