Former FinCEN chief counsel Carlton Greene explains how US regulators brought charges against BitMEX and Hayes. He also answers the question: is crypto unfairly targeted by US regulators? 0:00 Intro 2:01 What are the charges against BitMEX and Arthur Hayes? 4:41 How was BitMEX soliciting U.S. customers? 6:06 Was BitMEX only operating outside of U.S. soil? 6:42 What are the penalties for violating the Bank Secrecy Act? 8:18 What are the criminal charges against Arthur Hayes and BitMEX? 9:10 Are both the CFTC and DOJ pressing charges against BitMEX for Bank Secrecy Act violations? 9:44 Will the CFTC's civil action force BitMEX to shut down? 10:22 How useful are SARS for preventing money laundering? 13:18 Why are big banks able to allow money laundering in spite of SARS? 15:04 Does U.S. regulation unfairly target crypto entities? 19:28 Are unregulated crypto exchanges easy targets for U.S. regulators? 22:04 What will be the CFTC and DOJ's next course of action against BitMEX? 23:00 What are the main objectives of the AML enforcers? 24:40 Final comments on the BitMEX and Arthur Hayes case 25:26 Outro Get your Cointelegraph merch here: http://bit.ly/2X67nM7 Use this code for your 30% discount in our store: HODLERSDIGEST30 #Cointelegraph #Bitcoin #CryptoMarkets Subscribe to Cointelegraph: https://goo.gl/JhmfdU Follow COINTELEGRAPH: Website: https://cointelegraph.com/ Telegram: https://t.me/cointelegraph Facebook: https://www.facebook.com/cointelegraph Twitter: https://twitter.com/cointelegraph Cointelegraph covers everything Bitcoin, bringing you the latest news, prices, breakthroughs, and analysis, with emphasis on expert opinion and commentary from the digital currency community.