In a recurring theme, this lawsuit clinically dissects and demolished BitMEX’s claims that it isn’t actually a US business. What makes it a US business? All the possible things that you could imagine characterizing a US business.https://drive.google.com/file/d/1EnbNBq19xud4hmrSuCWfDKnMJCgRaO6S/view …
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This is a recurring theme because many Bitcoin exchanges use “I am a James Bond villain” as a compliance strategy; they are present everywhere and nowhere geographically, always where they need to be to move the plot along but never where they are meaningfully constrained.
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Much like Bond villains, though, most Bitcoin exchanges will not survive the third act.
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Replying to @patio11
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