BUSINESSJul 23 · 13:48 UTCBITCOIN MAGAZINEMathew Di Salvo

Crypto Derivatives Exchange BitMEX To Shut Down in September

Crypto derivatives exchange BitMEX will shut down in September after a strategic review of its business and the crypto industry. The exchange cited neutrality, transparency, and decentralization in its operations and urged users to withdraw funds by September 23. BitMEX has faced legal challenges, including past fines and guilty pleas related to anti-money laundering violations, though its founders were pardoned in 2025.

Nexus surfaces and summarizes. The full story lives at the source.

Mentioned

BitMEXorganizationHDR Global Trading LimitedorganizationArthur HayespersonBenjamin DelopersonSamuel ReedpersonU.S. Financial Crimes Enforcement NetworkorganizationUnited States Bank Secrecy ActtopicBitcoin Magazineorganization

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