BitMEX Defends US Government Allegations Vigorously

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BitMEX2 (Courtesy: Twitter)
BitMEX2 (Courtesy: Twitter)

BitMex, in response to reports of the U.S. Commodity Futures Trading Commission and Department of Justice’s decision to file charges against HDR Global Trading Limited and related parties, have issued a statement.

“We strongly disagree with the U.S. government’s heavy-handed decision to bring these charges, and intend to defend the allegations vigorously. From our early days as a start-up, we have always sought to comply with applicable U.S. laws, as those laws were understood at the time and based on available guidance.”

In the meantime, the BitMEX platform is operating entirely as normal and all funds are safe.

To allay any potential customer concerns, pending withdrawal requests were processed at 17:45 UTC, in line with our standard procedures.

We will process another off-cycle withdrawal at 08:00 UTC, 02 Oct 2020, and then 13:00 UTC, as usual.