BitMEX’s fall from grace — and what the exchange's next moves may be
October 8, 2020, 6:52PM EDT · 3 min read
Quick Take
- Arthur Hayes is out as CEO of BitMEX
- The move follows aggressive legal moves by the U.S. government last week
- But the exchange, which used to be the only game in town for bitcoin derivatives, has been struggling for a while now
BitMEX used to be the only place for trading bitcoin derivatives. Now the exchange is a shell of what it once was.
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