Arthur Hayes resigns as CEO of BitMEX
The BitMEX crypto derivatives exchange today announced changes in the management structure of the 100x Group, which is the operator of the trading platform.
100x Group COO Vivienne Khu will become interim CEO. She previously served as Head of Legal Compliance for Goldman Sachs in the Asia Pacific Region and served at the Hong Kong Securities and Futures Commission..
BitMEX founders Arthur Hayes and Samuel Reed stepped down as CEO and CTO, respectively. Like third co-founder Ben Delo, they will no longer hold leadership roles at the 100x Group..
“The leadership changes mean we can focus on the core business of delivering superior trading opportunities to all our clients through the BitMEX platform, while adhering to the highest standards of corporate governance,” said David Wong, Chairman of 100x Group. “We have an exceptional management team well positioned to continue the growth and development of the 100x Group, including completing the BitMEX user verification program. Our business continues to work as usual, and we are grateful to all clients for their support “.
Last week, the Commodity Futures Trading Commission (CFTC) and the US Department of Justice filed charges against BitMEX, Hayes and other company executives. Among other things, they are accused of violating the rules for registering a derivative exchange and the requirements of the bank secrecy law..
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