Last week, two federal U.S.agencies brought charges against BitMEX, one of the world’s largest crypto derivatives trading platforms, alleging the company violated multiple laws by allowing U.S. customers to trade its options contracts. The U.S. Attorney’s Office for the Southern District of New York, a federal prosecutor, claimed the exchange and its owners, CEO Arthur Hayes, CTO Samuel Reed, Ben Delo and Gregory Dwyer, violated the Bank Secrecy Act by not conducting any know-your-customer procedures, while the Commodity Futures Trading Commission alleged BitMEX allowed U.S. customers to trade on its platform, despite the fact the startup hadn’t registered as an exchange with the company. The charges are both criminal and civil, and the SDNY announced that while it had arrested one of Hayes’ colleagues, Hayes himself remains at large.