Express

Bitcoin Whale Issues Big Warning to Traders

Amy Liu

Summary: In a new series of tweets, the pseudonymous trader Joe007 highlights the news that the US Commodity Futures Trading Commission has charged three individuals who own and operate BitMEX – including co-founder and CEO Arthur Hayes – with violating multiple CFTC regulations, including anti-money laundering procedures.The Department of Justice also filed criminal charges against the ...

In a new series of tweets, the pseudonymous trader Joe007 highlights the news that the US Commodity Futures Trading Commission has charged three individuals who own and operate BitMEX – including co-founder and CEO Arthur Hayes – with violating multiple CFTC regulations, including anti-money laundering procedures.The Department of Justice also filed criminal charges against the individuals. Joe007, known for placing large BTC bets on Bitfinex, says he believes regulators won’t stop there, and crypto traders should prepare. He points to the new crypto asset UNI, which is the governance token of the decentralized exchange Uniswap, as the type of coin that will likely be scrutinized by US authorities.

Last Update:

Tags: ,,,
Link: Bitcoin Whale Issues Big Warning to Traders   [Copy]
  • The Making of a Political Darling: Is Chainlink’s Government Deal a Victory for Tech or... 4 days ago
  • Google Steps Into Blockchain: A New Front in the “Ledger Wars” 6 days ago
  • Bitcoin Weekly Analysis: Is a Bear Market on the Horizon? 8 days ago
  • AI Fraud Is Breaking the Internet’s Trust Economy. Can Compliance Tech Keep Up? 11 days ago
  • Can a $300M RWA Fund Save Avalanche's TVL? 12 days ago
  • You need to login to comment.