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Cryptocurrency derivatives exchange BitMEX will cut staff by a quarter. This was reported by The Block. According to the publication, the company currently has 300 employees, so about
Cryptocurrency derivatives exchange BitMEX will cut staff by a quarter. This was reported by The Block.
According to the publication, the company currently has 300 employees, so about 75 people will be laid off. Management has assured the workforce that the platform will continue to operate normally.
A source from BitMEX told reporters that Arthur Hayes, the platform’s former CEO, who stepped down after being sued by the US regulator, continues to influence the company. He is particularly interested in new product launches that go beyond cost optimization and crypto derivatives trading.
In the spring of 2021, the current head of BitMEX, Alexander Heptner, presented an updated platform development strategy according to what should become the world’s leading cryptocurrency exchange. Spot trading and custody services, especially for crypto assets, should appear on the platform.
Recall that recently a company affiliated with BitMEX refused to buy the German bank Bankhaus von der Heydt.
Earlier, the exchange’s co-founder, Samuel Reed, was found guilty of violating the US Bank Secrecy Act. Before that, the exchange’s other founders, Arthur Hayes and Benjamin Delo, admitted it.
Source: Fork Log
I’m Sandra Torres, a passionate journalist and content creator. My specialty lies in covering the latest gadgets, trends and tech news for Div Bracket. With over 5 years of experience as a professional writer, I have built up an impressive portfolio of published works that showcase my expertise in this field.
