Cryptocurrency exchange BitMEX has changed the composition of its management a week after the US authorities openedcriminal case against its creators.
Arthur Hayes is no longer the CEO of BitMEX. Samuel Reed will no longer serve as CTO and Ben Delo will retire from his leadership position at 100x Group.
Vivien Hu, head of operations at 100x Group, becomes the interim CEO of the exchange. 100x Group Chairman David Wong said:
These changes mean we can focus on our core business – providing superior trading functionality to our client using the BitMEX platform.
October 1 Department of Justice (DOJ) and Commission onCommodities Futures Trading Company (CFTC) accused the exchanger of operating without the necessary license and bypassing KYC/AML regulations. The DOJ filed criminal charges against Hayes, Delo, Reed and Dwyer for violating the Bank Secrecy Act.
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Based on materialswww.theblockcrypto.com
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