BitMEX CEO Arthur Hayes Steps Down Following Criminal Charges

2020-10-8 17:27

Following civil and criminal charges brought up by the CFTC and Department of Justice, Bitcoin derivatives exchange BitMEX has announced major leadership changes to its platform. 

BitMEX Appoints New C-Suite Members

The famous Arthur Hayes has stepped down as the CEO of BitMEX. Samuel Reed, the second co-founder and CTO of the exchange, has stepped back as well. The third co-founder, Ben Dilo, does not hold any position at the exchange. 

The fourth person included in the legal filings is Greg Dwyer, who was BitMEX’s first employee. Dwyer has also taken a “leave of absence” from his role as the head of business development. 

The board of BitMEX’s parent company, 100x Group, has promoted chief operating officer Vivien Khoo as the new CEO. Khoo has previously worked with Goldman Sachs and the Securities and Futures Commission in Hong Kong. 

Commercial director Ben Radclyffe will take over the responsibilities of Reed. 

The Chairman of 100x group said: 

“We have an exceptional senior leadership team who are well-placed to continue the growth and development of the 100x Group, including completion of the BitMEX User Verification Programme (details here). It is business as usual for us and we thank all clients for their support.”

The volume of open interest, however, has continued to drop on BitMEX since the legal fillings. It is currently only at 40,000 BTC. 

Meanwhile, Binance, Gemini, and Kraken received a major portion of the outflow from BitMEX. 

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Ceocoin (CEO) íà Currencies.ru

$ 0.00304614 (+0.00%)
Îáúåì 24H $0
Èçìåíåèÿ 24h: 0.00 %, 7d: 0.00 %
Cåãîäíÿ L: $0 - H: $0
Êàïèòàëèçàöèÿ $0 Rank 99999
Äîñòóïíî / Âñåãî 0 CEO

following criminal charges down steps ceo arthur

following criminal → Ðåçóëüòàòîâ: 30


Ôîòî:

Hundreds charged after takedown of child exploitation site which made $730K in Bitcoin

A 23-year-old South Korean man is being accused of running the world’s “largest child sexual exploitation market,” which reportedly processed 7,300 Bitcoin transactions worth over $730,000. According to a criminal indictment unsealed today, the now-defunct English-language website known as “Welcome To Video,” featured over 250,000 child exploitation videos – approximately eight terabytes worth of horrific material.

2019-10-16 18:32


Ôîòî:

Mafia expert: ‘Ndrangheta crime family now resembles a ‘criminal blockchain’

International investigators warn the ‘Ndrangheta mafia family now resembles a “criminal blockchain” following the recent decentralization of its internal power structures. Usually, ‘Ndrangheta families in Canada took orders from “mother clans” in Calabria, but for the first time, mobsters outside of Siderno are making decisions that impact operations all the way back to Italy, reports National Post.

2019-7-25 16:24


Ôîòî:

Bitfinex Faces Legal Action From NY Attorney General: Here’s What This Means

The New York Office of the Attorney General (AG) wants to take a closer look into the business operations of Bitfinex and related stablecoin issuer Tether (USDT). According to a legal petition filed with the Supreme Court of New York, the NY Attorney General Office of Letitia James is applying for a court order to investigate Bitfinex’s suite of interrelated companies (including its umbrella firm iFinex and Tether Holdings Limited) for “ongoing fraud” to the tune of $850 million.

2019-4-27 01:30


Ôîòî:

If the UK holds a second Brexit referendum, can it protect it from trolls and astroturfers?

March 29, the day upon which the UK will leave the European Union, feels nail-bitingly close. Adding to the anxiety is that with the twice-fold rejection of Theresa May’s withdrawal deal, the UK is heading in one of two directions: the first is a chaotic no-deal Brexit, and the second is a second referendum, which would put the terms of the UK’s departure to a public vote.

2019-3-15 00:17


Crypto Isn’t Criminal Money: Binance Blocks Funds From Hacked Exchange

This week, the popular crypto exchange Cryptopia suffered the first major security breach of 2019, resulting in “significant losses” of crypto assets the exchange had stored.  Following the breach, social media users began tracking the movements of the stolen funds and alerted Binance CEO Changpeng Zhao that the funds had landed on Binance – the world’s.

2019-1-17 23:00


Ôîòî:

Op Ed: From Gray To Black and White: Traditional Regulations Come to Crypto

For nearly a decade, participants in the blockchain and cryptocurrency space have operated in a regulatory compliance gray zone. Recent developments — at both the federal and international levels — signal that the time for plausible deniability or unregulated freedom is coming to an end and more traditional regulations are moving to the forefront.

2018-12-3 19:20