In easily one of the biggest stories of the past week, cryptocurrency exchange giant OKEx was forced to perform a $9 million clawback to cover substantial losses from a $416 million Bitcoin trade gone wrong. $416 Million Losing Bet On July 31, 2018 (Tuesday), a Bitcoin trader, “ID 2051247,” opened an enormous BTC futures bet of more than 4 million contracts. With each contract having a notional value of $100, the trader’s bet stood atRead MoreThe post OKEx Forced to Perform $9 Million Clawback After $416 Million Bitcoin Trade Goes Awry appeared first on Bitcoinist.com. For Further Information Click on Below Button