‘Good Reason to Worry’: What the BitMEX Indictment Means for DeFi and Bitcoin...
Crypto legal experts join to discuss the U.S. government’s case against BitMEX and its implications for the broader ecosystem.
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To some who have just skimmed the headlines around the BitMEX exchange, the legal activity and allegations around the firm seem a bit overblown. It seems like just yesterday, people were happily trading on the platform. Then all of a sudden, some of the top players, Arthur Hayes and Benjamin Delo et. al., are in handcuffs. What happened? An indictment filed by prosecutors in the Southern District of New York against BitMEX CEO Arthur Hayes […]
The case against BitMEX, an offshore crypto trading platform, has regulatory implications for the burgeoning DeFi market.
The sudden takedown of crypto exchange BitMEX has cast a new light on Ethereum’s decentralized finance (DeFi) markets.
BitMEX is soon to offer futures contracts for DeFi project yearn.finance (YFI), Polkadot (DOT) and Binance coin (BNB).
The crypto industry was shocked to hear that the U.S. Commodities and Futures Commission (CFTC) formally charged the three co-founders of BitMEX today. This sent shockwaves throughout the entire market, while also particularly impacting the tokens within the DeFi sector. Many smaller tokens saw massive 10%+ drops on the news, which came about as investors […]