BitMex Seemingly Trading Against its Own Customers, Price Manipulation in Plain Sight


One of the biggest crypto exchange, which offers margins of 100x and a number of derivatives, has seemingly admitted to price manipulation and trading against its own customers with the activity carried out in broad daylight since April, yet apparently no one even noticed.

On April the 30th, one of the busiest crypto news day when the Consensus blockchain conference was going on and so much else, Arthur Hayes, CEO of Bitmex, said and we quote at some length:

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