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BitMEX co-founder seeks to dismiss CFTC allegations

From fxnewsgroup.com

Ben Peter Delo, one of the co-founders of BitMEX, is seeking to be dismissed from a case brought by the United States Commodity Futures Trading Commission (CFTC). This becomes clear from documents filed by Delo with the New York Southern District Court on September 17, 2021, and seen by FX News Group. The CFTC complaint alleges that from at least November 2014 through the present, and at the direction of Arthur Hayes, Ben Delo, and Samuel Reed, BitMEX has illegally offered leveraged retail commodity transactions, futures, options, and swaps on cryptocurrencies including bitcoin, ether, and litecoin, allowing traders ... (full story)

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