BitMEX, the crypto derivatives exchange, reported that Malcolm Wright would be on board as the group’s chief enforcement officer.

The U.S. authorities recently sued BitMEX with breaching anti-money laundering rules. Per the post, Wright has 30 years of enforcement and anti-money laundering expertise. Wright currently chairs Global Digital Finance’s Advisory Council and AML Working Group and is a speaker on issues, including the Financial Action Tasks Force’s international recommendations for regulators around virtual asset service providers.

BitMEX co-founders charged with violating US AML laws

According to an indictment made public earlier, BitMEX managers Arthur Hayes, Benjamin Delo, Samuel Reed, and Gregory Dwyer were accused of breaching the Bank Secrecy Act and one count of conspiracy. Since 2014, BitMEX has obtained more than $11 billion in bitcoin deposits from U.S. related accounts and has paid commissions of more than $1 billion, the Commodity Futures Trading Commission alleged in its civil complaint.

The US CFTC claimed that the most common enforcement protocols were not enforced by BitMEX, such as reporting their activities with the CFTC.

Malcolm Wright will lead the group’s compliance efforts internationally

According to the blog post, the recruit will lead the group’s enforcement efforts globally and report to Vivien Khoo, the new interim CEO, and COO. Last week, Khoo replaced former CEO Arthur Hayes during the legal problems that hit the business on October 1. Both the U.S fined the creators of BitMEX. In New York, the CFTC and federal prosecutors argued that the exchange unlawfully sold derivatives trading to U.S. customers and breached the Bank Secrecy Act.

BitMEX operators, however, have since said that it would conduct business as usual, but saw fit to shake up the executive team, withdrawing from executive positions Hayes and other founders Samuel Reed and Ben Delo.

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