The company explained the dismissal of staff by optimizing the next stage of the business.
Crypto exchange BitMEXcut a quarter of the staff, writes The Block co.citing sources familiar with the situation. They claim that the company employs about 300 people, which means that 75 employees will be cut. He was briefed last week.
“BitMEX is making personnel changes tooptimize the next stage of the business. Our main priority is to provide support to all employees who will be affected,” said the representative of the crypto exchange. The company stressed that they will continue to work as usual and declined to comment further.
At the end of February, BitMEX founders Arthur Hayes andBenjamin Delo pleaded guilty to violating the Bank Secrecy Act and agreed to pay a fine of $10 million each. Hayes and Delo admitted that they did not intentionally create or implement an anti-money laundering (AML) system on the trading platform. The US Department of Justice claims that this made the crypto exchange the number one platform for money laundering.
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