It appears that the US authorities have placed charges against this bitcoin exchange company (BitMEX) and also extended these charges to the leaders of this company as well. The executives of this company are accused of disregarding the US banking laws, and as a result the charges were brought on by the US government on 1 October.
Now with regards to high risk, there are reposts that the larger investors in this company have withdrawn over 50 00 bitcoins from this exchange in the last week alone, which begs the question of is this exchange planning to shut down and bail out with the profits? Are investors now worried about the potential lawsuit that is being filed? And what is the way forward for this exchange site?
What do you guys think about this? what do you believe is in store for the fate of this exchange?
Now with regards to high risk, there are reposts that the larger investors in this company have withdrawn over 50 00 bitcoins from this exchange in the last week alone, which begs the question of is this exchange planning to shut down and bail out with the profits? Are investors now worried about the potential lawsuit that is being filed? And what is the way forward for this exchange site?
What do you guys think about this? what do you believe is in store for the fate of this exchange?