The 100x Group, the company behind the BitMEX crypto-derivatives exchange, appointed former Stuttgart Stock Exchange chief Alexander Höptner as chief executive.
He will take up his role at BitMEX on January 1, 2021.
We are proud to introduce Alexander Höptner as the newly appointed CEO of @100xGroup. He will lead us as we enhance the BitMEX platform and shape the evolution of digital financial services. Read more here: https://t.co/ibgDujOaQ7 pic.twitter.com/qcg2zsVqRy
— BitMEX (@BitMEX) December 1, 2020
Previously Höptner held leadership positions at Deutsche Börse AG, the operator of the Frankfurt Stock Exchange, at Börse Stuttgart and at Euwax AG. The latter helped create a cryptocurrency trading platform built on Börse Stuttgart — it became the first EU-regulated exchange focused on digital assets.
In October, former BitMEX CEO Arthur Hayes resigned alongside the rest of the leadership after investigation by the U.S. Commodity Futures Trading Commission and allegations by the U.S. Department of Justice.
Against a backdrop of regulatory issues, 100x Group hired a new compliance manager.
In November, BitMEX announced a collaboration with Eventus Systems, a developer of market manipulation detection and AML compliance solutions, to improve its AML policy.
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