A crypto trading slump caused company closures and bankruptcies as new regulations like MiCA began to take hold.
1 report, 1 independent
Updated Jul 28
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What happened
A crypto trading slump caused company closures and bankruptcies as new regulations like MiCA began to take hold.
How it developed
Newest first. Tap a step to see who reported it.- Traders are migrating from defunct BitMEX to platforms like Bybit, and the Celsius estate has sued BitMEX over liquidation losses.Sub-event
- Ben Delo founded the crypto trading platform BitMEX in 2014.Sub-event
Crypto market slump causes firm closures amid MiCA regulatory implementation.1 source
Coverage
Newest first; wire copies grouped- coindesk.comCrypto exchanges face a survival crisis as day traders disappear