Bitcoin Volatility Hits 23-Month Low as the Cryptocurrency Shrugs Off BitMEX, Trump’s Illness
180-day volatility dropped to its lowest level since Nov. 2018 Source
Read More180-day volatility dropped to its lowest level since Nov. 2018 Source
Read MoreU.S. regulators and law-enforcement officials brought charges on Thursday against BitMEX, a Seychelles-based cryptocurrency exchange that has grown in recent years to be one of the industry’s biggest players.According to the U.S. Commodity Futures Trading Commission, prosecutors accused BitMEX of facilitating unregistered trading and other violations, including “conducting significant aspects
Read MoreBitMEX has long been a source of polarization within the crypto industry. Despite many traders blaming it for
Read MoreSince the announcement from U.S. regulators, BitMEX has witnessed an outflow of more than 40,000 bitcoins, currently worth more than $422 million. Source
Read MoreOver 45,000 Bitcoin has been withdrawn from BitMex since the U.S. government levied charges against the exchange and its leadership. October 1 brought two devastating blows to BitMex. First, the CFTC and DOJ brought charges against the exchange. Shortly thereafter, its founders (including CEO Arthur Hayes), were indicted by the U.S. government. The
Read MoreBitMEX is in hot water with the CFTC and DOJ. Thursday, a dual agency operation levied charges against the derivatives exchange and several employees for facilitating unregistered trading and violating the Bank Secrecy Act. Elsewhere, another European financial head has intimated the need for a “digital euro,” Atari’s cryptocurrency has a sale
Read MoreThe U.S. Commodities and Futures Commission (CFTC), in conjunction with the Federal Bureau of Investigation (FBI), has charged
Read MoreBitcoin outflows from prominent crypto derivatives exchange BitMEX are already up in the wake of charges from U.S. agencies announced Thursday. Source
Read MoreBitcoin traders have begun recovering from Thursday’s bombshell indictments from the U.S. Commodity Futures Trading Commission and Department of Justice against BitMEX and the exchange’s co-founders Arthur Hayes, Benjamin Delo and Samuel Reed, and Business Development Lead Greg Dwyer. Source
Read MoreIn the aftermath of criminal charges against BitMEX, the crypto community is debating whether the decentralized finance sector is also set to face the wrath of regulators.On Oct 1, the U.S. Commodity Futures Trading Commission announced charges against three BitMEX executives for violating the Bank Secrecy Act (BSA) due to
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