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Nouriel Roubini accused the cryptocurrency exchanges in criminal activity

Nouriel-Roubini-accused-the-cryptocurrency-exchanges Nouriel Roubini | Well-known cryptocurrency skeptic

The well-known cryptocurrency skeptic Nouriel Roubini ("Dr.DOOM") said that cryptocurrency exchanges "are directly involved in criminal activity," especially he singled out the BitMEX platform.

In his report, Nouriel Roubini emphasized that it was a fraud to offer users a trade with a leverage of up to 100, collect high commissions and "drain funds from users into a kind of "liquidation fund".

Roubini said that according to his sources, the BitMEX platform is used for laundering money by terrorist organizations from Russia and Iran, and the exchange itself not only allows these actions, but also profits from them. A cryptocurrency skeptic is confident that BitMEX uses trade against clients for profit, and regulators cannot verify the legality of transactions on the exchange. 

"BitMEX provides safe, fast, professional and liquid ways for those who see the potential of crypto and to trade and hedge cryptocurrency risk. We continue to monitor all legal and regulatory developments around the world and will comply with all applicable laws and regulations; we reject any allegations of criminality, manipulation or unfair treatment of our customers, who are at the center of everything we do," 

the head of the BitMEX Arthur Hayes objected.

Note that at the beginning of this month, Arthur Hayes and Nouriel Roubini came face to face at the Asian Blockchain Summit, where they had a heated discussion about the future of cryptocurrencies and their use for criminal activities.  

SOURCE

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