News Snapshot:
The US Commodity Futures Trading Commission (CFTC) has today filed a civil enforcement action against crypto exchange BitMEX , the fifth-largest crypto derivatives platform in the world by volume, according to CoinGecko . And the crypto markets aren’t happy. The charges relate to operating an unregistered trading platform, as well as violations of multiple regulations, including failing to implement anti-money laundering procedures. Among those charged in the CFTC civil enforcement action are Arthur Hayes, Ben Delo, and Samuel Reed. All three individuals are BitMEX owners. Following the news, the price of Bitcoin fell rapidly. According to prices on Binance ,...
