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$85 Million Withdrawn from BitMEX Amidst Looming Threat of CFTC Investigation

A tweet posted by blockchain data mining company Token Analyst on July 20 has revealed that cryptocurrency exchange BitMEX processed token withdrawals worth as much as $85 million to external wallets.


News reports published earlier this week suggested that the United States Commodity Futures Trading Commission (CFTC) would be launching a formal investigation into the exchange for allegedly allowing U.S customers to trade on its platform without a license.


Read more at BeinCrypto

#Whales #Bitmex #Exchanges #Regulations #US #CFTC