Crypto derivatives trading platform BitMEX announced it had reached a settlement on civil charges with the U.S. Commodity Futures Trading Commission (CFTC) and Financial Crimes Enforcement Network (FinCEN) on Tuesday. BitMEX will pay a $100 million penalty to resolve the charges, BitMEX announced in a blog post, though it’s unclear how much is going to each agency. The blog post also did not address criminal charges filed by the U.S. Department of Justice against former BitMEX CEO Arthur Hayes and other executives. (full story)

BitMEX has today confirmed that it has reached a resolution with both the United States Commodity Futures Trading Commission (CFTC) and Financial Crimes Enforcement Network (FinCEN) in relation to investigations by both agencies. BitMEX agreed to pay as much as US$100 million to resolve the charges. Alexander Höptner, Chief Executive Officer of BitMEX, said: “Today marks an important day in our company’s history, and we are very glad to put this behind us. As crypto matures and enters a new era, we too have evolved into the largest crypto derivatives platform with a fully verified user base. Comprehensive user ... (full story)