Glassnode added that this was the largest amount of Bitcoin withdrawn from the exchange in a single hour.
BitMEX is an exchange known for offering highly leveraged trading against Bitcoin – up to 100x. She is based in Seychelles and had low KYC requirements for her traders.
As Decrypt reported, the CFTC issued charges against BitMEX yesterday for operating an unregistered trading platform, failing to impose anti-money laundering procedures and other violations.
In a separate unsealed indictment yesterday, the US District Attorney for New York also brought criminal proceedings against the owners of the stock exchange, Arthur Hayes, Ben Delo and Samuel Reed, for violating the Bank Secrecy Act and conspiring to view to violate the Bank Secrecy Act.
The federal government also arrested Gregory Dwyer, whose Bio Twitter describes him as the head of business development at BitMEX. He was charged with one count of violating the Bank Secrecy Act and one count of conspiring to violate the Bank Secrecy Act.
BitMEX has denied the charges and said it will vigorously defend the claims.