Former BitMEX CEO Arthur Hayes is negotiating with U.S. authorities for voluntary surrender, according to a transcript of court hearings from February 9, 2021.
According to the document, Hayes is currently in Singapore. The agreement provides for the possibility of his continued residence abroad and remote testimony. If necessary, the former head of the exchange commits to personally appearing in court in New York.
Assistant U.S. Attorney Jessica Greenwood said that Hayes’s tentative surrender date is April 6, 2021. The proceedings will take place in Hawaii.
During the hearings, it was also announced that U.S. authorities have begun extradition proceedings for Greg Dwyer, head of business development. He is the second defendant in the BitMEX case and is based on the Bermuda Islands.
The attorney for the exchange’s co-founder and third defendant Ben Delo said he intends to testify at the New York court.
“There are certain difficulties due to the UK entry ban. We expect the necessary permissions to be obtained within 30 days,” Greenwood said.
In October 2020 the U.S. Commodity Futures Trading Commission filed a lawsuit against BitMEX and its owners. Additionally, the Department of Justice charged Hayes, Delo, Dwyer, and the platform’s CTO Samuel Reed with violations of the Bank Secrecy Act.
Reed was later released on a $5 million bail. The CTO and Hayes left their posts.
In December, the 100x Group appointed former Stuttgart Stock Exchange head Alexander Heptner to the position of chief executive.
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