Arthur Hayes’ BitMEX Is Shutting Down After 11 Years: What Went Wrong?
BitMEX will shut down on September 23 after 11 years, urging users to close positions and withdraw funds before the deadline.
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Why It Matters
BitMEX, a big cryptocurrency trading place, is closing after 11 years in business. When a company shuts down, it means the people who use it need to move their money elsewhere, which shows the business couldn't keep going.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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