The laws currently on the books are not the problem, this IS the rule of law and it would prevent ALL of this if the rule of law was enforced, there lies the problem...Tptb CHOOSE NOT to enforce the rule of law on their cronies yet enforce it to the fullest extent on us. We don't need more laws, we just need equal enforcement of the current rule of law on EVERYONE, enough of this two tier legal system!
BitMEX Founders Charged With Failing to Prevent Laundering By Chris Dolmetsch, Olga Kharif, and Dave Liedtka October 1, 2020, 11:55 AM EDT Updated on October 1, 2020, 3:17 PM EDT Crypto-derivatives pioneer invented perpetual Bitcoin futures Bitcoin falls abruptly on news, after 50% rise since December
Arthur Hayes, Benjamin Delo and Samuel Reed were indicted in New York, where federal prosecutors claim the digital-asset exchange served American customers while flouting U.S. banking laws. Hayes said the exchange was incorporated in the Seychelles because they could bribe authorities there for the cost of “just a coconut,” according to the indictment, unsealed Thursday.
“They will soon learn the price of their alleged crimes will not be paid with tropical fruit, but rather could result in fines, restitution, and federal prison time,” FBI Assistant Director William F. Sweeney Jr. said in a statement. The Commodity Futures Trading Commission brought a parallel civil action.