Expected step from BitMeX CEO
Awaited step from BitMeX CEO has arrived. In recent days, the crypto money market has had a hard time with the lawsuits filed by state institutions in the USA against the BitMEX exchange.. It looks like BitMEX’s parent has started to do its thing.
The expected step from BitMeX CEO
BitMEX and website announced that a number of names were dismissed after the latest developments on Twitter.. In the US, both the prosecution and the US Commodity Futures Trading Commission (CFTC) filed a series of charges against BitMEX.. As a result, the expected decision came about the names mentioned and accused in the investigation.
BitMEX founders Arthur Hayes and Samuel Reed resigned from all their duties in the company.. The duo served as CEO and CTO, respectively.. BitMEX announced in a statement that Hayes and Reed’s missions are ending immediately.. Also, another founder, Ben Delo, will no longer strike in a position of authority at 100x Group.. In addition, Greg Dwyer is also taking leave and will not be the Director of Business Development.
BitMEX has announced that 100x Group’s managers have changed.. 100x Group owns and operates the holding of HDR Global Trading Limited as well as the BitMEX platform.
100x Group Chief Executive Officer (COO) Vivien Khoo will serve as interim CEO. Of course, he takes on other additional responsibilities as well.. Khoo joined the company in March 2019.. Previously, she was Managing Director of Asia Pacific Compliance at Goldman Sachs.. Prior to that, he held several positions at the Hong Kong Securities and Futures Commission.
Another new appointment.. Ben Radclyffe, as Commercial Director, will have more responsibility for customer relationship management and oversight of financial products.. He has 20 years of financial and commercial technology experience at organizations such as Deutsche Bank, UBS and Tower Research Capital and joined the company in March 2020.
BitMEX said in a written statement: senior executives will continue to manage the BitMEX platform daily, including ongoing efforts to improve the platform’s performance.”
Source
Bitmex’ Where was the new address of the traders who fled from Turkey?
Where is the new address of traders fleeing Bitmex? Following the latest accusations brought by the CFTC, the new address of 45,000 Bitcoins withdrawn from Bitmex has been revealed!
After the US Commodity and Futures Trading Commission (CFTC)’s latest accusations against Bitmex Breakouts from Bitmex continue. Recent data has revealed that 45,000 BTC has been withdrawn from Bitmex.
What happened?
Last week, the US Commodity and Futures Trading Commission filed a criminal complaint against the owners of popular derivatives exchange BitMEX.. The CFTC accused Arthur Hayes, Ben Delo, and Samuel Reed of illegally using the Bitmex derivatives platform. Although Bitmex strongly opposed this investigation in a statement it published and stated that all funds stored on the exchange were safe, Bitmex users found the solution to other exchanges in the chaos environment.
Researches made that approximately 30%, that is, 13,500 of 45,000 Bitcoin, withdrawn from Bitmex, is on Binance. and Gemini exchanges, it was reported that the rest was transferred to other exchanges and cold wallets. As soon as the waters calm down in Bitmex, it is an undeniable fact that the events mostly benefited Binance and Gemini, which increased their volumes by 145 million dollars. k.
Related news: Binance or Bitfinex? Comprehensive crypto exchange comparison
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