News Snapshot:
Telegram BitMEX, one of the leading cryptocurrency exchange and derivative trading platforms, received a major blow from the CFTC last week. Following which, investors rushed to remove more than 50,000 bitcoins from BitMEX. The situation is worsening for the exchange as leading cryptocurrency investigation firm Chainalysis has now labeled the platform as a “high risk†exchange. According to the reports , Chainalysis has warned its clients like government agencies, banks, and exchanges about BitMEX. In an email, Chainalysis told its clients that any BitMEX transfers from the date of indictment will be considered high risk. Furthermore, those who use KYT,...
