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Midweek Roundup: BitMex Founder Faces Prison, FATF Praises France, and More

U.S. prosecutors asked a federal judge in Manhattan to jail BitMEX founder Arthur Hayes for more than one year for neglecting to build an anti-money laundering program at the cryptocurrency exchange, arguing that a tougher sentence would serve to warn other virtual asset service providers to take anti-money laundering rules seriously, Bloomberg reported. More The Financial Action Task Force gave France the highest scores to date under metrics that the group began using eight years ago to asses the efficacy of each nation's AML defenses, ACAMS moneylaundering.com reported. More Russian nationals emerged as the top buyers of Turkish real estate...

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