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2026-07-25 02:41:06 UTC

DWOLFBTC on Nostr: BitMex are now charged with multiple market manipulation charges and market ...

BitMex are now charged with multiple market manipulation charges and market liquidation charges

This comes 1 day after closure

Like I said in my previous post #bitcoin somehow missed the global bull market? Billions from ETFs, Saylor, companies piling in after 10/10 happened

But price kept going down very badly… OGs were blamed but their wallets are at all time highs? So how can they be the big sellers lol

Macro was blamed, rates, uncertainty etc

When the truth was BitMex continued to liquidate the market more than likely with Binances help to “make their customers whole again”

1 day after closure, they get hit with multiple charges of exactly the above

This isn’t their first time, 2018,2019,2022 BitMex were glitched, couldn’t close orders that were on verge of liquidation and they’d stop trading to liquidate helpless customers

#bitcoin market probably will never improve overall. Clarity act won’t stop it, it’ll just bring charges after they do it… maybe

10 years in #bitcoin I am wondering if it’s worth continuing to buy more or just hold what I have

Honestly if we had real world integration we could fight back and I’d be happy to bankrupt myself to buy more while coins

But Bitcoin is just a fiat market and a traders market….

It’s a financial fiat game too

Only we can change it, but I’ve tired of trying to get things started

It’s not early anymore when Saylor hold near 1 million coins

But talking to Bitcoiners is a challenge

Arrogance of invincibility will end up crushing us one day

Bitcoin is not invincible, nothing is

The path forward is using the technology…. Not trading it

For now I wait and see, but if nothing changes. I’ll happily leave for good