“For me, compliance is non-negotiable, and a prerequisite for exchanges to be embraced by regulators and institutional investors alike. My vision is for 100x Group, through the BITMEX platform, to play a lead role in shaping how this industry collaborates with regulators to ensure everyone can safely avail of digital markets.” – Wright commented.
- The statement explained that Wright will report directly to the Interim Chief Executive Officer (CEO) and Chief Operating Officer (COO) – Vivien Khoo.
- BitMEX CTO Samuel Reed Released On A $5 Million Appearence Bond
- BitMEX Aftermath: Arthur Hayes Will Step Down Immediately As 100X CEO
- The Big Winners: $145 Million Worth Of Bitcoin Transferred From BitMEX to BINANCE and Gemini Following CFTC Fiasco
- Khoo took the Interim CEO role after the former CEO Arthur Hayes stepped down last week.
- As CryptoPotato reported earlier this month, the US Commodity and Futures Trading Commission charged the owners of BitMEX, namely Hayes, Ben Delo, and Samuel Reed, with illegally operating a derivatives platform. This led to significant internal changes within the 100x Group, and Wright’s appointment seems to be the latest one.