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Except, most of the major exchanges are registered in places like Seychelles or the British Virgin Islands as shell corporations. Bitfinex and Bitmex are two o
by nosuchthing 9y ago
Except, most of the major exchanges are registered in places like Seychelles or the British Virgin Islands as shell corporations.
Bitfinex and Bitmex are two of the largest exchanges and it certainly seems like there's frequent incredibly shady activity with frequent large flash crashes presumably as insider trading to liquidate margin calls and/or stop loss orders.
https://medium.com/@bitfinexed/latest https://medium.com/@bitfinexed/latest
- saryant 9y agoIsn't Coinbase registered in and regulated by New York State?
- nosuchthing 9y agoYes, I've only heard Coinbase/GDAX and Gemini are the only fully regulated and audited US based exchanges which have qualified for the New york BitLicense.
- josu 9y ago>Except, most of the major exchanges are registered in places like Seychelles or the British Virgin Islands as shell corporations. I don't think this is true. Apart from Bitmex, I'm not aware of other major exchanges being registered there. Bitstamp (Europe), Coinbase (US), Kraken (US), Bitfinex (HK), Binance (HK?).