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Should DEXs Be Worried After BitMEX? DeFi Founders Weigh In

The sudden takedown of BitMEX has cast a new light on Ethereum’s decentralized finance (DeFi) markets.

On Thursday, the U.S. Commodity Futures Trading Commission (CFTC) and Department of Justice (DOJ) served the Seychelles-based crypto derivatives exchange with a slew of charges, arresting CTO Samuel Reed and seeking out CEO (and admitted DeFi degen) Arthur Hayes for violating the Bank Secrecy Act. 

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