News Snapshot:
Traders withdrew 23,200 Bitcoin from the BitMEX exchange after the CFTC accused it of criminal activity and arrested its CTO. Bitcoin BitMEX is the fifth largest crypto derivatives exchange in the world by volume. Image: Shutterstock Traders withdrew 23,200 Bitcoin ($243 million) from crypto derivatives exchange BitMEX in a single hour, according to data provider Glassnode. This came after the CFTC issued charges against it yesterday and arrested its CTO. This amount of Bitcoin represented 13% of the amount of Bitcoin held on the exchange—an estimated sum of 170,000 Bitcoin ($1.8 billion). Glassnode added that this was the single greatest...
