
BitMEX shuts down: perpetuals pioneer officially closes it doors after 11 years
- neutral toward BitMEX · 98%


BitMEX officially ended exchange operations after more than 11 years, while withdrawals remain open as the crypto derivatives platform urges users to remove their funds.

BitMEX has removed its remaining spot, conversion, and derivatives markets ahead of its Sep. 23 shutdown, ending more than 11 years of exchange operations. BitMEX said HDR Global Trading Limited, its owner and operator, approved the closure after a “strategic…
BitMEX settled XBTUSD on September 16, ending the Bitcoin contract that every major crypto exchange rebuilt as its own.

Just days before its closure, one of the oldest crypto exchanges, BitMEX, was hit with another lawsuit that repeats the same “God Access” theme. This time, it’s related to the collapsed crypto giant Celsius and is filled with accusations based “on information and belief.” In short, on Sept. 12, Blockchain Recovery Investment Consortium (BRIC), a […]

A $495M lawsuit against BitMEX by Celsius debtors concerns trades that CEO Alex Mashinsky claimed never happened.

The Celsius estate alleges BitMEX wrongfully liquidated and seized 6,360 BTC, worth nearly $490 million, during the March 2020 market crash.

Celsius Network’s bankruptcy estate has sued BitMEX for the return of 6,360.17 Bitcoin, worth about $495 million, over forced liquidations carried out during the March 2020 COVID market crash. The complaint, filed on Sep. 12 in the U.S. Bankruptcy Court…

Celsius sues five BitMEX entities for 6,360 Bitcoin lost in the 2020 crash, days before the exchange shuts trading.

Celsius' lawsuit against BitMEX could set a precedent for challenging exchange liquidation practices, impacting future crypto market regulations.

Celsius Network’s bankruptcy estate has sued BitMEX over a 2020 liquidation cascade it says cost more than 6,360 Bitcoin. The complaint, filed Sept. 12 in the US Bankruptcy Court for the Southern District of New York, accuses entities behind the crypto derivatives exchange of fraud, market manipulation and wrongful liquidations during Bitcoin’s historic March 2020 […]

CoinEx joins BitMart and BitMEX among established exchanges closing this year.

Ben Delo, co-founder of the crypto exchange BitMEX, and Christopher Harborne, a Tether investor, have pledged to donate 72 million pounds ($97.44 million) to Reform UK as Parliament debates a ban on crypto-based political donations. Reform UK Rakes In 72 Million Pounds From Crypto Millionaires Reform UK, the far-right political party, has received donation pledges […]

Ben Delo, co-founder of BitMEX, donated almost $50 million to Nigel Farage’s Reform UK party.

The UK's right-wing Reform Party has now received a total of £8M from pardoned BitMEX founder Ben Delo.

Two April payments supplied three-quarters of the party's donations for the quarter, where the next largest single gift was £180,000.
Ben Delo's £4 million supplied 72% of Reform UK's Q2 donations, Electoral Commission records show, as BitMEX prepares to close.

BitMEX co-founder Ben Delo has supplied £4 million ($5.4 million), or about 75%, of the £5.3 million raised by Reform UK during the second quarter of 2026. Ben Delo supplied most of Reform UK’s Q2 funding Electoral Commission records published…

The UK political party and its leader, Nigel Farage, have accepted contributions from figures tied to the crypto industry, raising questions about potential influence on policies.