Indictments issued for BitMEX senior team are a signal to all
Cointelegraph
Published Oct 03, 2020 10:00AM ET
Updated Oct 03, 2020 11:40AM ET
On the morning of Oct. 1, the United States government authorities in New York issued indictments for four of the senior team of BitMEX, the famed “wild card” exchange based in Hong Kong. Despite that, the crypto exchange still continues to operate its services.
BitMEX is one of the world’s largest crypto exchanges and has a reputation for being notoriously “relaxed” on Know Your Customer and ID procedures for its users — at least until mid-August of this year. Additionally, users are allowed a high withdrawal limit with little to no KYC.
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Written By: Cointelegraph
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