Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Crypto Exchanges => Topic started by: Galaxy on October 09, 2020, 11:30:13 AM
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Arthur Hayes, chief executive officer of bitcoin derivatives exchange Bitmex, is stepping down from his position a week after U.S. prosecutors filed criminal charges against him. Hayes is leaving together with other top executives who are facing similar charges.
The company announced on Thursday that Hayes and chief technical officer Samuel Reed – the latter who was arrested by the U.S. Department of Justice (DoJ) recently – have stepped back from all executive management responsibilities with immediate effect. Greg Dwyer, head of business development, is also taking a leave of absence.
Vivien Khoo, chief operating officer of 100x Group, Bitmex’s parent company, takes over as interim CEO while commercial director Ben Radclyffe assumes increased client relationship responsibilities and oversight of financial products.
Info link: https://news.bitcoin.com/bitmex-ceo-hayes-steps-down-following-u-s-criminal-charges/
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Samul Reed was released on a full $ 5 million bail payment.If convicted, he will go behind bars again. This news was good for the market, and BTC was $ 11,000.