
Arthur Hayes, BitMEX co-founders face fraud claims over alleged ‘Insider Trading Desk’ as exchange winds down
BitMEX, Arthur Hayes, Samuel Reed and Benjamin Delo face a proposed class action alleging insider trading and deliberate server freezes.

BitMEX, Arthur Hayes, Samuel Reed and Benjamin Delo face a proposed class action alleging insider trading and deliberate server freezes.


BitMEX completed a review of its business and will close on Sept. 23, telling customers to close their positions and withdraw funds before then. The announcement came with no balance-sheet hole, withdrawal freeze, or bankruptcy filing, with Kaiko data putting BitMEX's market share below 0.01% and its daily volume near $400,000. That combination makes BitMEX's […]

Bitcoin and Ether led a $2.22T crypto rebound as CLARITY Act talks, BitMEX’s shutdown, bridge hacks and institutional deals shaped the week.

BitMEX has been hit with a proposed class action lawsuit in the United States accusing the cryptocurrency derivatives exchange of engineering customer liquidations that allegedly allowed it to retain hundreds of Bitcoin before its planned September shutdown. Court filings in…

The proposed class action alleges BitMEX used privileged trading access and server freezes to profit from forced liquidations.

BitMEX will have removed 65 derivative contracts and trading pairs in July, compared with just 19 across the first six months of the year.

BitMEX will permanently close on September 23, 2026, with daily volume at $400,000 and its BMEX token down over 90%, signaling accelerating

BitMEX’s shutdown marks the end of one of crypto’s earliest derivatives exchanges as analysts point to rising regulatory costs, market concentration and the shift toward licensed trading venues.

BitMEX, pioneer of perpetual futures, announced it will end operations by September 23 following an 11-year run.

Reduce-only trading begins Aug. 26, with forced closes possible before exchange services end Sept. 23.

Owner HDR Global Trading blamed a strategic review; users have until an Aug. 26 risk-limit cutover before positions get force-closed.
BitMEX, the legendary crypto derivatives exchange that pioneered 100x leveraged perpetual swaps and reshaped the digital asset trading industry, is shutting down after more than 11 years of operations.

BitMEX announced it will close in September, following “a strategic review of the business and the broader crypto industry.”

Bitcoin Magazine Crypto Derivatives Exchange BitMEX To Shut Down in September The exchange has told users to withdrawn funds as soon as they can. This post Crypto Derivatives Exchange BitMEX To Shut Down in September first appeared on Bitcoin Magazine and is written by Mathew Di Salvo .

BitMEX operator HDR Global Trading Limited announced the permanent closure of the exchange, effective Sept. 23, 2026. Wind-Down Timeline and Operational Limits BitMEX, the pioneer of cryptocurrency derivatives trading that once dominated digital asset markets, announced Thursday, July 23, it will permanently close its exchange operations on Sept. 23, 2026. The announcement sparked widespread reaction […]
BMEX price crashed nearly 90% after BitMEX confirmed its shutdown, handing derivatives share to Binance, OKX and Hyperliquid.

BitMEX will permanently shut down on September 23, 2026, sending its $BMEX token down 98%. Here's what traders need to know about the closure.

BitMEX’s BMEX token plunged about 90% after the exchange announced plans to shut down, ending nearly 12 years in business as its Bitcoin futures market share shrank.

Ethereum price has remained trapped below $2,000 as rising oil prices, renewed interest-rate concerns and BitMEX’s planned shutdown have tempered bullish sentiment despite continued spot ETF inflows. According to data from crypto.news, Ethereum (ETH) price traded near $1,927 on July…