Markets • October 8, 2020, 6:52PM EDT
UPDATED: October 9, 2020, 11:17AM EDT

BitMEX’s fall from grace — and what the exchange's next moves may be

Read the non-AMP story on Theblock.co
The Block

Quick Take

  • Arthur Hayes is out as CEO of BitMEX  
  • The move follows aggressive legal moves by the U.S. government last week
  • But the exchange, which used to be the only game in town for bitcoin derivatives, has been struggling for a while now