Remember Bitmex and it’s CEO Arthur Hayes who was arrested. What happened right after? One of the biggest bull runs in Bitcoins history.
For me, this was just a coincidence. What I am worried about this time is the FUD. Just like when the CEO of Binance announced that the company stepped down, the market felt it, we saw a small dump in the entire market, not only their token BNB but also Bitcoin. But after that, we did pull back.
Me, I agree with what happened with BITMEX's CEO before. But the bull run thing, it's not because of these CEOs stepping down.