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Nouriel

9:12PM, 18 Jul 2019

'Dr. Doom' Nouriel Roubini accuses cryptocurrency exchanges of 'systematic illegality'; points to BitMEX - The Block

Noted crypto sceptic Nouriel “Dr. Doom” Roubini believes important crypto players are “openly involved in systematic illegality,” he wrote in his commentary on Project Syndicate. As an example, Roubini pointed to Seychelles-based cryptocurrency derivatives exchange BitMEX. The exchange allows retail investors to place bets with 100-to-1 leverage, applies high fees, and “siphon[s] customers’ savings into […] ...

theblockcrypto: 'Dr. Doom’ Nouriel Roubini accuses cryptocurrency exchanges of ‘systematic illegality’; points to BitMEX ' → [Read details]

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