After appearing before a judge, Arthur Hayes was released on $10 million bond pending court proceedings in New York, Bloomberg reported.
Under a proposal, Hayes would be allowed release on a $10 million bond secured by $1 million in cash.
Delo was released on a $20 million bond.
Hayes would be allowed to continue living in Singapore under the agreement his counsel is currently negotiating with federal prosecutors.
The parent group of BitMEX has announced an executive shakeup after U.S. authorities charged the firm over allegedly illegal conduct.
BitMEX's parent company, HDR, has undergone a perhaps controversial rebranding to 100x.
BMA LLC, which two weeks ago sued Ripple, has now accused crypto derivatives exchange BitMEX of orchestrating the largest financial crime in U.S. history.
Parimutuel betting pools in the cryptocurrency grant traders short exposure, but there are plenty of limitations to this new type of exchange.
Former CitiGroup trader and current crypto bull Arthur Hayes breaks down his investment thesis for blockchain assets.