Arthur Hayes, the CEO of BitMEX will step down as CEO from the company according to a statement from the leadership of 100x Group, the holding group which owns and operates the BitMEX platform.
This is arising from the recent legal filings against the firm in the United States.
Samuel Reed which is the CTO of the exchange will also be stepping back from all executive management responsibilities with immediate effect. Other executives
such Ben Delo will not hold executive positions in the 100x Group while the Head of Business Development, Greg Dwyer will take a leave of absence from his role.
The Company revealed the senior leaders within the technology team will continue the day to day management of BitMEX which includes ongoing effort to enhance the performance of the platform.
New CEO, Vivien Khoo to Assume Management of BitMEX.
With the stepping down of Authur Hayes and other executives, 100x Group has appointed Vivien Khoo as interim CEO and will assume additional operational responsibilities. According to 100x Group, Vivien Khoo joined 100x Group in 2019 from her role as Managing Director, Asia Pacific Compliance at Goldman Sachs. Vivien Khoo was also at Hong Kong Securities & Futures Commission where she held some positions.
100x Group also will have Ben Radclyffe as Commercial Director where he will be responsible for client relationship handling and oversight of financial products.
Speaking on the development, Chairman of 100x Group, David Wong, commented,
“These changes to our executive leadership mean we can focus on our core business of offering superior trading opportunities for all our clients through the BitMEX platform, whilst maintaining the highest standards of corporate governance.”
He continued saying: “We have an exceptional senior leadership team who are well-placed to continue the growth and development of the 100x Group, including completion of the BitMEX User Verification Programme. It is business as usual for us and we thank all clients for their continued support.”