THELOGICALINDIAN - An contrarily alive amusing media personality BitMEX CEO and cofounder Arthur Hayes has gone bashful on Twitter for added than two weeks Is it due to the advancing CFTC investigation
His dematerialization coincides with a delving launched by the Commodities Futures Trading Commission (CFTC) adjoin BitMEX. The US futures regulator is investigating whether or not BitMEX offered its crypto derivatives casework to American citizens. Bloomberg reported on July 19 that the delving is underway. Meanwhile, Hayes is offline back July 11.
The adventure is the aforementioned for BitMEX’s official amusing media handles. The aftermost time the Seychelles firm was alive on Twitter was on July 15. It went silent, aloof like its CEO, afterwards that.
BitMEX Volumes Down
The abstruseness surrounding Hayes’ and BitMEX’s unannounced breather from Twitter and CFTC’s analysis has jittered its clients. Long afore Bloomberg bankrupt the story, traders had started abandoning their cryptocurrencies from BitMEX algid wallets. On July 13, BitMEX captivated about 195,000 BTC in storage. The amount alone to abreast 173,000 BTC by July 26, advertence the barter candy ample withdrawals in the said period.
Many saw those withdrawals as normal, acquainted BitMEX and added cryptocurrency exchanges about see ample money transfers off their platform. Volumes on San Francisco-based Coinbase exchange, for instance, had alone by 54 percent as of July 23 – after the CFTC appear investigations. In the aforementioned timespan, volumes on BitMEX alone by 51 percent.
But Where is Arthur Hayes?
But that still does not explain why Hayes and BitMEX went mum on Twitter. Hayes, in particular, was cool alive afore July 11 as he broadcast clips and eventually the abounding video of his agitation with acclaimed economist Nouriel Roubini. In the discussion, the two exchanged barnyard comments adjoin anniversary other, with Roubini calling Hayes scammer, central traders, and whatnot, for alms 100x advantage to unaccredited investors.
Roubini additionally declared that BitMEX aboveboard offered it’s crypto acquired casework to barter in the US. He recalled an adventure about some New York acceptance who absent their apprenticeship accommodation to BitMEX’s highly-leveraged action services, adding:
Roubini still asserts that Hayes belongs to prison. Nevertheless, alike his annoying profile-tagging of BitMEX CEO has not been able to crop any response.
Will the absolute Arthur Hayes amuse angle up?
Images via Shutterstock, Skew Markets, Twitter: @krugermacro
