A look at FTX, Binance, BitMEX, and their once North America-based founders, who run exchanges for highly-leveraged crypto derivatives trading outside the US (New York Times)

New York Times:
A look at FTX, Binance, BitMEX, and their once North America-based founders, who run exchanges for highly-leveraged crypto derivatives trading outside the US  —  A new generation of industry leaders has set up offshore trading exchanges largely beyond the reach of American regulators.