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BitMEX Ex-CEO Hayes Asks for No Jail Time, Freedom to Travel

  • Letters to judge, including from his mother, seek leniency
  • Conviction stands as a crypto precedent, his lawyer argues
Arthur Hayes
Arthur HayesPhotographer: Michael Nagle/Bloomberg

BitMEX co-founder and former CEO Arthur Hayes, who was prosecuted for failing to police criminal activity on the crypto exchange, is asking for no jail time and permission to live abroad and travel freely.

Hayes, who pleaded guilty in February to violating the Bank Secrecy Act, included a letter from his mother in a bid for leniency from the Manhattan federal judge who will sentence him this month.