Traders Withdraw Over 40K Bitcoin from BitMEX as Companyࢀ™s Legal Woes Kick-Off

Top cryptocurrency derivatives exchange platform BitMEX is currently battling a hoard of criminal charges from the United States government. While the Seychelles-based exchange has denied any wrongdoing, the scandals appear to be causing it to bleed customers. Antsy Traders On the Move According to data from Glassnode, traders have withdrawn about 45,000 BTC tokens (worth about $420 million) from the exchange since its row with the U.S. government began. The blockchain data tracking firm had previously pointed out that BitMEX lost 23,200 BTC (about $243 million) in a single hour, marking the most massive hourly outflow that the exchange has…