Delo had pleaded guilty to a single count of violating the Bank Secrecy Act (BSA) back in February.
BitMEX co-founder Benjamin Delo was sentenced to 30 months probation without home confinement on June 15 for violating US anti-money-laundering law.
His defense lawyer, Patrick Smith, argued that the former exec was involved in a criminal compliance failure. However, Smith noted that BitMEX was not designed to bypass the law and added that Delo had personally banned hundreds of users with a connection to the US. The prosecution, who had sought a harsher sentence for Hayes, contended that Delo should serve a year in prison or at least receive two-year probation.six months of home detention as part of a two-year probationary period.
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