Arthur Hayes

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The former BitMEX CTO was released on $ 5 million bail.

9 Oct 2020 1 minute read 0 comments VadimIT

Sam Reed wrote in black and white that he would not be a man if he did not appear in court on demand. Well, he will lose the money.He was arrested in Massachusetts on October 1, when the US Commodity Futures Trading Commission (CFTC) and the Justice...

Bitmex CTO Released from Arrest on $5M Bond

9 Oct 2020 1 minute read 22 comments Abhimanyu Krishnan

BitMEX CTO Samuel Reed has been released on a $5 million appearance bond, according to a court document published on October 10.  Reed was arrested by the Department of Justice on October 1, with a court hearing taking place virtually Reed was relea...

Arthur Hayes is No Longer the CEO of BitMEX

9 Oct 2020 1 minute read 0 comments Abhimanyu Krishnan

BitMEX has announced that Arthur Hayes is no longer the CEO of the exchange, temporarily being replaced by 100x Group COO Vivien Khoo, according to a statement published on October 8. Arthur Hayes has been replaced by Viven Khoo, following the two c...

BitMEX Sees Over 45K BTC Withdrawn After Recent Charges

5 Oct 2020 1 minute read 2 comments Abhimanyu Krishnan

Derivatives trading platform BitMEX is seeing an exodus of users following news of its legal cases on October 1, with over 45,000 Bitcoin being withdrawn from the exchange, according to data from Crystal Blockchain. Users have withdrawn over 45,000...

US CFTC Files Charges Against BitMEX, CTO Arrested

2 Oct 2020 1 minute read 0 comments Abhimanyu Krishnan

The United States Commodity Futures Trading Commission (CFTC) filed charges against derivatives platform BitMEX and its executive members on October 1. In a separate filing, the U.S. Attorney for the District of New York filed criminal action against...

A Story on How FTX Will Outcompete BitMEX

7 Sep 2020 6 minute read 2 comments Da_Sound

First off, you better grab yourself a coffee for this one.  I am about to introduce you to a new exchange that is going to start taking traders from other platforms and will eventually outcompete the heavyweight, BitMEX. It is no surprise that trader...

BitMEX CEO Says $500 ETH Coming Soon

17 Aug 2020 1 minute read 1 comment Abhimanyu Krishnan

BitMEX co-founder and CEO Arthur Hayes believes that ETH can reach $500 in the short term, according to a tweet posted in early August. Hayes was bullish, just as Ethereum reaches its highest price in 2 years The development of DeFi and ETH 2.0 has...