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> Apparently the US views the solution to this loophole as arresting the founders of Bitmex, regardless of their country of residence The only person who's bee
by ac29 6y ago
> Apparently the US views the solution to this loophole as arresting the founders of Bitmex, regardless of their country of residence
The only person who's been arrested (Sam Reed) was arrested at his home in the United States.
Arthur Hayes, the main focus of this story, is a US citizen and spent most of his life in the US, though seemingly has lived in various countries of late. By virtue of being a billionaire, he can most likely reside whereever he likes. I cant see why that should make him immune from prosecution in the US (a Grand Jury found there was enough evidence to indict him, though this does not mean hes been found guilty of anything).
- ve55 6y agoI don't think he should be immune to prosecution or above laws in any extraordinary way, to clarify. It seems from the article that due to covid there have been delays, but I assume he will face trial or settlement from the US sooner or later. I just think this particular set of charges seems to be lacking the level of evidence and merit we would want for something of their magnitude.