Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
rdbase
on 01/10/2020, 19:23:47 UTC
BitMEX has got a large stash :  the insurance fund of 21k btc...

them feds are hungry for bitcoin. I did read that the silkroad btc the us Marshall service had auctioned off would be worth $1 billion today.
Just because the founder(s) are indicted doesn't mean they can't still operate.
FBI are in talks of prosecuting them in United states laws yet they are operating from another country so I can't see them going under.
https://bitcoinexchangeguide.com/bitcoin-price-crashes-450-on-bitmex-ceo-arthur-hayes-other-founders-indicted-on-criminal-charges/?amp=1
The CTFC and DOJ are looking to sue them.
https://www.coindesk.com/bitmex-cftc-enforcement

It would interesting to see how they get out of this one by the skin of their (Hayes's) teeth! Grin