Case of Former Top Manager of BitMEX Will be Considered in October 2022
The legal team of ex-BitMEX development director Greg Dwyer has convinced US judge to postpone his case until October 2022, The Sydney Morning Herald has reported.
The lawyers have argued the need for a delay due to the lack of time to prepare for the proceedings.
District Judge John Koeltl also agreed to separate Dwyer’s case from three other defendants.
In October 2020, the US Department of Justice indicted the exchange co-founders Arthur Hayes, Ben Delo, Samuel Reed and Dwyer for violating the Bank Secrecy Act. Each faces up to five years in prison.
Reed was arrested in the United States and released on $5 million bail.
Hayes flew from Singapore to Hawaii in April, having previously agreed on the terms of a voluntary surrender. The court also released both on bail. For Hayes, the amount was $10 million, and for Delo, it was $20 million.
