BitMEX founder and ex-CTO out on $5M bail bond until court appearance By Cointelegraph

BitMEX founder and ex-CTO out on $5M bail bond until


BitMEX founder and ex-CTO out on $5M bail bond until court appearance

BitMEX’s co-founder and former chief technical officer, Samuel Reed, has signed a $5 million unsecured appearance bond for his release from custody pending court proceedings.

Reed had been arrested by the United States Department of Justice in Massachusetts on Oct. 1 for flouting money laundering rules in violation of the Bank Secrecy Act, as well as illegally offering derivatives trading to U.S. retail customers.

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