First Mover Asia: BitMEX Saga Leaves Lingering Regulatory Questions, Bitcoin Falls
![First Mover Asia: BitMEX Saga Leaves Lingering Regulatory Questions, Bitcoin Falls First Mover Asia: BitMEX Saga Leaves Lingering Regulatory Questions, Bitcoin Falls](https://www.coindesk.com/resizer/xDiv3atUPJ64lRgLe69hNHv3MyQ=/800x600/cloudfront-us-east-1.images.arcpublishing.com/coindesk/3IGGQDJKNVAELO3WXJRRFY374E.jpg)
Arthur Hayes and his BitMEX co-founders must each pay a $10 million fine, but contesting the case against them might have clarified which financial regulatory agency should have primary oversight of cryptocurrencies; a tough weekend for cryptos.