The legal team of ex-BitMEX development director Greg Dwyer convinced the American judge to postpone his case until October 2022, reports The Sydney Morning Herald.
The lawyers argued the need for a delay due to the lack of time to prepare for the proceedings.
District Judge John Coettle also agreed to separate Dwyer’s case from three other defendants.
In October 2020, the US Department of Justice indicted the exchange co-founders Arthur Hayes, Ben Delo, Samuel Reid, and Dwyer for violating the Bank Secrecy Act. Each faces up to five years in prison.
Reed was arrested in the United States and released on $ 5 million bail.
The UK-based Deal surrendered to US authorities in March 2021. Hayes flew from Singapore to Hawaii in April, having previously agreed on the terms of a voluntary surrender. The court also released both on bail. For Hayes, the amount was $ 10 million, and for Delo, $ 20 million.
Dwyer, who lived in Bermuda, agreed to extradition in September.
Hayes, Delo, and Reed will appear in court in March.
Attorney for the Southern District of New York Damian Williams requested a joint trial for all four accused. He recalled that Dwyer had been aware of the case since the indictment.
However, Judge Coettle pointed out that the lawyers of the former director of development at BitMEX were not involved in the proceedings until recently.
“He will have significantly less time to prepare for the trial than the other defendants. Lack of time will hinder preparation for this difficult case, ”the judge ruled.
As a reminder, a civil action by CFTC the exchange settled by agreeing to a $ 100 million fine and an independent audit.
