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Cryptopolitan 2019-07-23 04:45:26

BitMEX CTFC investigation may cause $85 million loss to exchange

Research firm Token Analyst reveals in a tweet that the cryptocurrency exchange has witnessed withdrawals worth eighty-five million dollars ($85 million) after a BitMex CTFC investigation. Investigations can cripple a business to a large extent. The launch of a formal BitMEX CTFC investigation headed by the Commodity Futures Trading Commission (CFTC), was announced earlier this week, Token Analyst, a technology company offering radical insights on cryptocurrency assets, recently tweeted that the BitMEX consumers may have grown wary of CTFC’s probe into BitMEX, for supposedly carrying out trading with US consumers without a license, which has led them to withdraw hefty

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