Trial over former BitMEX top manager extended until October 2022
According to the lawyers, they did not have enough time to prepare for the trial
![Trial over former BitMEX top manager extended until October 2022](https://storage.getblock.net/source/1/4quRjRjsnUSXZOY95-NRGg54X5m709Bb.png)
29.12.2021 - 12:10
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What’s new? The lawyers of the former BitMEX crypto exchange business development director Greg Dwyer insisted that his case be delayed until October 2022. This is reported by The Sydney Morning Herald.
Material on The Sydney Morning Herald website
What were the lawyers' arguments for the postponement? .
Dwyer's trial will now take place in October 2022 and the other two accused BitMEX co-founders, Ben Delo and Sam Reed, in March next year.
What had happened before? In October 2020, the US Justice Department indicted the exchange co-founders Arthur Hayes, Ben Delo, Sam Reed, and Dwyer for violating the Bank Secrecy Act. The authorities charged them with intentional and willful violation of the Bank Secrecy Act and failure to counter money laundering. Each faces up to five years in prison.
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