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BitMEX Says It’s ‘Business as Usual’ Despite 30% Drop in Bitcoin Balance After CFTC, DOJ Action
One week after charges were brought by the U.S. Commodity Futures Trading Commission and Department of Justice, nearly 30% of BitMEX’s bitcoin (BTC) balance has been withdrawn by customers. A spokesperson for the derivatives exchange told CoinDesk that, despite the significant withdrawals, “It is business as usual for the BitMEX platform.” Total BTC held on BitMEX addresses dropped from 192,986 BTC on Sept. 30 to 135,619 BTC Tuesday, a 29.73% decline, according to data provided by Coin Metrics. Aggregate open interest for BitMEX BTC futures also took a hit in the past week, falling by over $100 million from ... (full story)
