MANAGING EXCHANGE RISK IN THE COMING BITCOIN WAR

Ugly Old Goat
5 min readOct 9, 2020

The Criminal Indictment of Bitmex Executives Is The Opening Salvo in The Undeclared War On Bitcoin

With the advent of the criminal indictment against executives at Bitmex, exchange risk has become news.

Yet this public warning comes after the fact and must be put in the context of the source.

What does the company Chainanalysis do?

According to their own website, “We provide blockchain data and analysis to government agencies, exchanges, and financial institutions across 40 countries. Our compliance and investigation tools, education, and support help our customers understand what’s happening on blockchains.”

This company is no friend of sound money, which is Bitcoin. Chainanalysis is a research firm dedicated to undermining Bitcoin.

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