News Snapshot:
BitMEX traders are rushing towards the exits after the Department of Justice levied criminal charges against BitMEX’s Founders and Executives for money laundering, and the Commodities Futures Trading Commission (CFTC) simultaneously charged BitMEX with violations of exchange regulations. So far 32,000 Bitcoins (BTC) worth $335 million have been withdrawn from BitMEX in less than 24 hours . Notably, for now it seems this surge of withdrawn Bitcoins are not being dumped, and the Bitcoin market is holding its ground near $10,500. However, another 135,000-170,000 Bitcoins worth $14-$18 billion remain on BitMEX. Some people are saying that this is a sign...
