Your account is immediately frozen if you log in just once via a US IP address. They track funds from known hacks and are not considered a safe option for hackers to liquidate. They have a much better reputation for service, exchange quality, and account safety than any of their non-KYC competitors. Not a single US dollar has passed through their platform -- nobody is using it for money laundering, but for speculative trading. They still have to convert to fiat somewhere. The fiat on their platform is synthetic. What more were they supposed to do?
I just hope this witch-hunt doesn't end the same as the Dread Pirate Roberts case for the government's political game on controlling cryptocurrencies and maintaining their monopoly over the financial system. Hayes is a great comedic writer and insightful analyst on the global financial system -- I highly recommend his posts on the Bitmex blog. However, I fear the tongue and cheek and comedy will be used against him in the case.
I just hope this witch-hunt doesn't end the same as the Dread Pirate Roberts case for the government's political game on controlling cryptocurrencies and maintaining their monopoly over the financial system. Hayes is a great comedic writer and insightful analyst on the global financial system -- I highly recommend his posts on the Bitmex blog. However, I fear the tongue and cheek and comedy will be used against him in the case.