Potential buyers, including Exodus, passed on BitMEX amid concerns over founder ownership and its shrinking business, according to a source familiar. Reputational baggage, fading growth and founder control combined to drive potential acquirers away, according to a source familiar with the discussions. The crypto exchange failed to secure a buyer before deciding to wind down operations last month. BitMEX's declining business made it difficult to justify a growth valuation, the person said.…
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