Alexander Heptner left the post of head of Bitmex

CEO of BitMEX cryptoderivat platforms Alexander Heptner left the post, reports The Block.

“Stefan Lutz is appointed temporary CEO BITMEX after Alexander Heptner immediately left our business. Stefan will continue to work as a financial director, holding a position since May 2021, ”the company’s representatives wrote in an electronic letter.

Bitmex founded in 2014, one of the first offered the derivatives market based on cryptocurrencies. Over time, the company was faced with regulatory problems, one of the consequences of which was a change of leadership.

Ex-head of the Stuttgart Stock Exchange, Alexander Heptner, headed BitMex at the end Problems of bitcoin of 2020.

In April 2021, the exchange introduced an ambitious development plan, which involves a transformation in one of the world’s largest cryptoderivata platforms. However, against the background of the bear market, the company had to reduce the number of staff.

At first, Bitmex was the leader in terms of bidding and open interest among similar trading floors, but over time lost to giants like FTX, BINANCE and CME Group in competition.

Recall that in October 2022, Heptner said he did not see a decrease in institutional interest in the digital asset industry.

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