Huobi, OkCoin, Binance and many others do the identical thing (synthetic USD products - they literally copied Bitmex's business model) and have the same or more volume as Bitmex.
I'm guessing nobody is going after them because they have China's protection or what? Or did they go through some special regulatory process inside the US?
I'm guessing nobody is going after them because they have China's protection or what? Or did they go through some special regulatory process inside the US?