The Interchange: Is BitMEX just an appetizer?

InstitutionalOctober 2, 2020, 2:44AM EDT
UPDATED: March 9, 2022, 5:16PM EST
The Interchange: Is BitMEX just an appetizer?
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By now everyone has a take on the CFTC and DOJ charges filed against BitMEX executives yesterday morning. Is this the end for BitMEX? Who picks up the excess volume? What does this mean for DeFi decentralized exchanges and derivative platforms? 

I don't want to offer overnight armchair punditry on the regulatory response to these events. But I can't help shake the feeling that BitMEX may just be the appetizer for a wider full-court press.

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