
According to the prosecutor, Hayes was found to have based the BitMEX exchange in Seychelles in an attempt to evade regulatory scrutiny.
BitMEX is a next generation crypto-coin trading platform, which supports highly leveraged trading via perpetual and fixed-date contracts.
BitMEX is a cryptocurrency exchange and derivative trading platform. It is owned and operated by HDR Global Trading Limited, which is registered in the Seychelles and has offices worldwide.
According to the prosecutor, Hayes was found to have based the BitMEX exchange in Seychelles in an attempt to evade regulatory scrutiny.
Crypto derivatives exchanges have quite literally taken the market by storm. It’s a market that has rocketed to over $1 trillion in daily trading volume and shows no signs of slowing down in 2021.
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