BitMEX

108 Articles 2 Followers


The former BitMEX CTO was released on $ 5 million bail.

9 Oct 2020 1 minute read 0 comments VadimIT

Sam Reed wrote in black and white that he would not be a man if he did not appear in court on demand. Well, he will lose the money.He was arrested in Massachusetts on October 1, when the US Commodity Futures Trading Commission (CFTC) and the Justice...

Bitmex CTO Released from Arrest on $5M Bond

9 Oct 2020 1 minute read 22 comments Abhimanyu Krishnan

BitMEX CTO Samuel Reed has been released on a $5 million appearance bond, according to a court document published on October 10.  Reed was arrested by the Department of Justice on October 1, with a court hearing taking place virtually Reed was relea...

Arthur Hayes is No Longer the CEO of BitMEX

9 Oct 2020 1 minute read 0 comments Abhimanyu Krishnan

BitMEX has announced that Arthur Hayes is no longer the CEO of the exchange, temporarily being replaced by 100x Group COO Vivien Khoo, according to a statement published on October 8. Arthur Hayes has been replaced by Viven Khoo, following the two c...

BitMex Exchange Trading Indictment With The US CFTC

8 Oct 2020 4 minute read 1 comment MintDice.com

In the cryptocurrency world there are a number of exchange platforms individuals can use to trade USD to cryptocurrency, as well as trading coins of one type for another. Recently, a large platform known has BitMex has come to the spotlight thanks to...

BitMEX Sees Over 45K BTC Withdrawn After Recent Charges

5 Oct 2020 1 minute read 2 comments Abhimanyu Krishnan

Derivatives trading platform BitMEX is seeing an exodus of users following news of its legal cases on October 1, with over 45,000 Bitcoin being withdrawn from the exchange, according to data from Crystal Blockchain. Users have withdrawn over 45,000...

The Bullish Dynamic Underlying The Bitmex Saga!

5 Oct 2020 2 minute read 0 comments Sapphire

Not A Great Year For Bitmex Bitmex has had a pretty bleak year with many users migrating to alternative platforms such as Bybit due to service related issues. Bitmex has never shown much regard for users and the fairly recent XRP flash crash that too...

BitMEX Users Will Flee to Binance, FTX & OKEx

5 Oct 2020 6 minute read 5 comments Da_Sound

The crypto tanked a bit on the news that BitMex faces legal charges against the CFTC and DOJ. Adding further to this decline, there was a second wave when President Trump announced that he had contracted COVID. On Friday, most of the coins seemed to...

420 Million $ Worth Of Bitcoin Withdrawn From Bitmex Following Criminal Charges

4 Oct 2020 1 minute read 0 comments Zemiatin

On Thursday, American authorities brought criminal charges against the owners of one of the world’s biggest cryptocurrency trading exchanges. BitMEX is accused of money laundering and engaging in other illegal transactions. For the time being, BitME...

More than $335M worth in Bitcoin (around 32,000 BTC) have been withdrawn from BitMEX.

4 Oct 2020 1 minute read 0 comments alberdioni8406

The negative impact of the arrest of the founders of the BitMEX derivatives exchanges is opening a wave of withdrawals on the platform and accordingly of blockchain analytics firms more than $335 millions worth in Bitcoin have been withdrawn from Bit...

BitMEX Case: If so, many people will “run”

4 Oct 2020 1 minute read 0 comments Simplify Crypto

According to analyst CipherTrace, more than half of cryptocurrency exchanges have weak KYC / AML protocols and do not meet industry standards and local regulations. CipherTrace analyzed more than 800 decentralized and centralized cryptocurrency tradi...