BitMEX was one of the first places where crypto’s anything-goes culture took shape: an offshore exchange built around high leverage, perpetual futures and the idea that markets should never sleep. Years after regulators clipped its wings and traders migrated elsewhere, the company is finally shutting down.
Muyao Shen is a Crypto and DeFi Reporter at Bloomberg. She specializes in topics related to cryptocurrency, blockchain forensics, and decentralized finance, with a keen focus on investment strategies and regulatory issues within the crypto space. Muyao's work has been featured in a variety of prominent outlets, including CoinDesk, Yahoo Finance, and The Washington Post.