THELOGICALINDIAN - No account is acceptable account or so they say But the connected abridgement of advice from BitMEX or its illustrious commanderinchief Arthur Hayes may be account for affair Especially because the things that we do apperceive are accident with the aggregation and Hayes antecedent akin of amusing media interaction
Have You Seen this Bitmex CEO?
Hayes was aftermost apparent in mid-July during a acrimonious live debate at the Asia Blockchain Summit with Bitcoin-sceptic, Nouriel Roubini, dubbed ‘The Tangle In Taipei’. Following this, both Hayes’ and the BitMEX Twitter accounts went from assorted circadian posts to complete radio silence. It was about as if Hayes had been active out of Taipei and vanished into the surrounding jungle.
In fact, at the actual end of July, Hayes did column a cryptic update, claiming to accept ‘traded in a yacht for the jungle’, and adage that he would ‘See y’all in September’. A added column on August 8 seemed to acquisition Hayes in a aerial arena cheeky his haters with ‘You can abhorrence me now, but I won’t stop now’.
Since then, we accept heard annihilation from Hayes, and the BitMEX Twitter annual aftermost posted on July 15.
Wanted By The CFTC
Of course, that’s not to say there has been no account about BitMEX, artlessly that there hasn’t been an amend from it. A few canicule afterwards the aftermost post, we begin out that the company was actuality investigated by the Commodity Futures Trading Commission (CFTC). This was apropos allegations that the barter had been application US customers, and prompted a $73 actor address in aloof 24 hours.
In total, July was annihilation abbreviate of adverse in agreement of basic outflow. Over half a billion dollars larboard the belvedere in the ages of July – the affliction ages anytime for the exchange. Worse still, competitors started to circle the above BitMEX, alms agnate derivatives solutions and leverage.
As the CFTC delving abject on, BitMEX blocked access to its casework in three added countries, accompany the absolute cardinal of blocked territories to eleven.
So… It’s September *Taps Watch*
Okay, so it’s alone aloof September, and the CFTC analysis could able-bodied abide for months. But it would be nice to apprehend article from Hayes, if alone a account in some alien location, spending the money of those who accept rekt themselves utilising BitMEX’s 100x leverage.
Both the man and the aggregation allure their fair allotment of hostility, for what is perceived as demography advantage of aboveboard investors. How continued it will be afore we ascertain the abutting move charcoal to be seen.
What do you accomplish of Arthur Hayes and BitMEX’s abridgement of online presence? Add your thoughts below!
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