Why Major Bitcoin Exchange BitMEX Was Pressured to Cut Off US Users

Since BitMEX rocketed to the tip of the crypto market, hosting hundreds of millions of dollars worth of nominal Bitcoin (BTC) trades each and every day, the company has come under pressure from regulators. And while the Asian startup is mostly well-respected, with its chief executive, former stock trader Arthur Hayes, being very forthcoming and “buddy-buddy” with media outlets, some are afraid that a handful of pertinent issues lie beneath BitMEX’s cheery front.
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