Nouriel Roubini Promises to Sue BitMEX’s Arthur Hayes for Allegedly Manipulating Debate Tapes

🤚🎭If you got tired of the Craig Wright drama, there is another high-profile brawl in the crypto space to keep tabs on⚔🚀

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New York University professor Nouriel Roubini, who’s also known as a relentless Bitcoin hater, has just escalated his spat with BitMEX CEO Arthur Hayes. Roubini threatens with legal actions against Hayes if he doesn’t release the full footage of their heated discussion.

Sparring over Bitcoin

The “Tangle in Taipei” debate, which took place during the Asia Blockchain Summit, was the absolute highlight of the Asia Blockchain Summit.

Roubini used this opportunity to trash the BitMEX exchange, which is famous for offering an opportunity to trade Bitcoin with 1:100 leverage. Many of those who are willing to take the risk eventually get liquidated. However, Hayes noted that humans are wont to speculate.

Bitcoin, according to Roubini, is the most overrated invention ever, and its price is inevitably heading to zero. Notably, he earlier pointed fingers at the crypto king for dropping to $58 in 2013, but it seems like he never learned his lesson.

Hayes insisted there Bitcoin is not going anywhere simply because people need a choice.

Doubling down on criticism

While almost everyone forgot about this debate, Roubini continues to stand his ground by calling Hayes offensive names and promising to sue him for allegedly “cutting off his points.” 

It was actually prohibited to record the event, and Hayes is the only one who owns the rights to the footage.

In a tongue-in-cheek manner, Hayes asked Roubini to be patient before the tapes get released, but it seems like the crypto hater is already reaching a boiling point.

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Alex Dovbnya

Alex covers all things crypto — from major projects, which are fighting tooth and nail to gain the upper hand in the burgeoning industry, to the latest regulatory trends around the world. He’s a firm believer that Blockchain has the potential to reshape pretty much every business out there, and cryptocurrencies are only a stepping stone to the upcoming decentralized revolution.