US regulator investigating Bitmex for allowing Americans to trade

posted 12 months ago
United States regulator - Commodity Futures Trading Commission (CFTC) is reportedly investigating derivatives giant BitMEX. The CFTC suspects that Seychelles registered Bitmex allowed US residents to use its platform to trade.

Under current law, US is excluded from using BitMEX and similar crypto-based financial services, but users may have circumvented the geoblock using services such as VPNs.
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