There's a definite possibility of a bank-run type situation with Bitmex. As the fees and transaction times go up and the price continues to slide traders are going to start panick withdrawing. Popcorrrrrnn
They are run by a former Citibank trader. They offer 100x leverage product. But they don’t have fiat deposit/withdraw. And no mainstream media / regulator mention about them.
The logistics of jumping off that sinking ship with any of your balance in tact should scare the living hell out of anyone with a decent amount of money on there.
