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FUD Sets In As BitMEX Sees Over $80 Million Panic Withdrawals From Users Following CFTC Probe

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Following widespread reports that the U.S. Commodity Futures and Trading Commission (CFTC) has begun a probe on cryptocurrency exchange and derivatives giant, BitMEX, the firm has witnessed enormous withdrawals from its many customers. This is most likely because of the fear that trading might be considerably affected or even completely shut down as the probe continues.

Token Analyst, a Twitter account that monitors the movement of funds going in and out of most of the major exchanges, posted a 24hour report of 5 Exchanges including Binance, Bitstamp, Bittrex, Poloniex, and BitMEX. Of the five, BitMEX lost the most, ...

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