BitMEX CEO defends the billion-dollar crypto exchange: ‘We don’t trade against customers’ (Yahoo Finance UK) Arthur Hayes, CEO of BitMEX, is countering allegations the world’s largest crypto futures exchange is trading against customers, giving preferential access to favored customers when servers go down, and makes money with its insurance fund (which appears as an asset on its balance sheet). He claims their trading desk is treated like any other customer, that BitMEX is working on its server problems, and that the insurance fund—which hasn’t been used in nearly two years—still serves to benefit its customers in times of volatility.   Execs are fleeing Mike Novogratz’s Galaxy Digital as the firm…