If anyone is wondering why the read.cash fund has taken such a hit, it's because of the BitMEX scandal. You can read more about it via the links below:
- CFTC Charges Crypto Exchange BitMEX with Money-Laundering Violations
- BitMEX Traders Withdrew $243 Million of Bitcoin in One Hour
https://decrypt.co/43667/bitmex-traders-withdrew-243-million-of-bitcoin-in-one-hour
It's been a bit of a shockwave.
Comments
Exactly. I think it affects some of the payouts too. When times are good, there are more tips.
Hmm, I think so, I haven't received any tips today. Tsk. Are there possibilities that the value of BCH will pump again after that millions being withdrawn?
Who knows? There are many scam crypto websites out there. Maybe this issue is just the tip of the iceberg?
Yeah you are right there are many scan crypto sites, I've been a victim before 😁
It sucks because the idea is great... But I guess, anyone who is investing has to think about risk management. Where there is money, inevitably, there'll be scams.
Omg thats why the value drops big time 😔