Yesterday there was news about Binance being the part of JEX and now, the rumors have it that the team at Seychelles-registered crypto exchange BitMEX has accused the exchange to plagiarizing BitMEX documents as the part of its future testnet launch. On September 5, 2019, the platform wrote a note on the twitter congratulating the Testnet Future launch to Binance. And, also mentioned that the way they have enjoyed writing about it, we are sure you also have loved reading the documentation on the same level. They also added screenshots where they have presented the overview of the Auto Deleveraging system for its upcoming projects, where the text is exactly similar to that of BitMEX.
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After going through the documents, it is cleared that there is nothing much changes in the documents other than required ones to make sure it doesn’t look similar. The CEO of BitMEX, Arthur Hayes commented on this incident with a meme and mentioned that if you are doing plagiarizing part, you should do a little amendment to make it look different.
It was also mentioned that Binance has launched new trading platforms in testing mode and the future projects are to be launched in September only as per the CEO of Binance. This summer only, BitMEX has received allegation from staunch crypto critic Nouriel Roubini, who criticized the exchange’s Anti-Money Laundering (AML) and Know Your Customer (KYC) regulations and also mentioned that this is breaching United States securities laws. Also, BitMEX is currently going through the investigation process by the U.S. Commodity Futures Trading Commission on suspicion as it has allowed trading on its platform by U.S. residents. It would be interesting to know what would happen in the future about this situation. Only two days back, JEX and Binance came into partnership and now, you can see this news burning the heat instantly. Binance platform is known for providing seamless services and in-built features that are supportive for users. Discovered in the year 2017, Binance has become the leading platform where millions of users love to do trading. It has embarked its presence worldwide by grabbing the record of being the highest exchange with daily trading volume. If you face any error while using the Binance exchange and looking for solutions to deal with it, you can always call on Binance support number which is functional all the time. You can always connect to the professionals through chat or email and get out-of-the-box solutions from the team in no time.