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Crypto exchange BitMEX to shut down operations in September

Crypto exchange BitMEX to shut down operations in September​

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Investing.com -- Cryptocurrency exchange BitMEX announced today it will close its operations on September 23. The company said user assets remain safe and under their control.

HDR Global Trading, which owns and operates BitMEX, made the closure decision as part of a strategic review of the business, according to a post on X.

The exchange urged users to close their positions and withdraw their funds before the shutdown date.

In 2022, BitMEX co-founders Benjamin Delo, Arthur Hayes and Samuel Reed pleaded guilty to failing to implement a Bank Secrecy Act-compliant anti-money laundering program.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

 
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