🚨LATEST🚨
🩸The native #cripto of BitMEX PLUNGES 98% after the exchange announced the CLOSURE of its operations. https://t.co/okfKvABtOb

🚨LATEST🚨
🩸The native #cripto of BitMEX PLUNGES 98% after the exchange announced the CLOSURE of its operations. https://t.co/okfKvABtOb
Two exchanges announced their exit this week.
Both opened with the same three words:
"strategic review"
🔴 The clean exit: BitMEX
→ Age : 11 years
→ Funds lost to hacks : $0
→ Proof of reserves : live
→ BMEX : down ~86%
🔵 The messy exit: BitMart
→ Age : 9 years
→ Funds lost to hacks : $196M
→ Proof of reserves : none
→ BMX : down ~58%
Same excuse. Opposite reality.
One closed the door. One left it jammed.
BitMEX founders Arthur Hayes, Samuel Reed and Benjamin Delo are facing a proposed class-action lawsuit alleging a secret trading desk that dealt with clients.
Tough days are ahead for Arthur Hayes. There will be a price to pay for dropping the $BMEX token by 99%...
#BMEX #BitMex #ArthurHayes