The case against BitMEX is a compass pointing towards the future of crypto regul

[Dociko]

he CFTC and DOJ actions against BitMEX suggest that the crypto industry still has a lot of work ahead to meet KYC/AML standards. Recent years have seen the crypto industry mature across the global economic landscape, but it still runs into high-profile snags. On Oct. 1, the United States Department of Justice filed criminal charges against four executives of the BitMEX trading platform — including its founder, Arthur Hayes — for violating the Bank Secrecy Act. One of the executives in question has been arrested, according to a DOJ statement.

Furthermore, the Commodity Futures Trading Commission also filed a civil enforcement action against BitMEX and three of its executives for violating Anti-Money Laundering regulations.
Details: https://cointelegraph.com/news/the-case-against-bitmex-is-a-compass-pointing-toward-crypto-regulation

[Oxumare]

Looks like exits are taking place from the BitMeX exchange.There is a news that: "Chainalysis announced that it will accept BitMEX as a" high-risk exchange "from October 13th. ''

[Oxumare]

BitMeX Founders Arthur Hayes and Samuel Reed resigned from their CEO and CTO positions.Management changes were made in some positions.It's a pity for Bitmex.It did not affect the value of Bitcoin much, but this news can be seen in the days ahead.