100x, the holding group of Bitmex’s parent company, has announced the appointment of a new CEO permanently in the wake of the allegations made in October against the co-founders of the exchange, including the former 100x and Bitmex CEO Arthur Hayes.
December 1st 100x announced that the former CEO of Deutsche Börse Borse Stuttgart GmbH, Alexander Hoptner, will take over the management in January 2021. Hoptner will also join 100x’s board of directors and report directly to the group’s president, David Wong. 100x’s new CEO stated:
“I’m proud to join 100x because I share the global ambition and boldness of its founders and employees to create a cryptocurrency technology ecosystem that will improve people’s lives. The future of this industry will increasingly belong to those who provide a regulated business environment that is innovative, liquid and fair for both institutional investors and retailers. “
Hoptner takes over the position of the current 100-time interim CEO Vivien Khoo, who was promoted by COO as an emergency replacement for Hayes on October 8th.
The US Department of Justice and Commodity Futures Trading Commission’s indictment dated October 1 accuses BitMEX founders Arthur Hayes, Ben Delo, Samuel Reed and Gregory Dwyer of violating US money laundering laws. To offer illegal derivatives to US and American customers. The defendants withdrew 100 times from their executive responsibilities on October 8th
Samuel Reed was arrested on October 1st before it was released the following week after a $ 5 million bond was released. None of the remaining defendants have been arrested by US authorities. Hayes is expected to stay in Hong Kong. The area suspended its extradition treaty with the United States in August.