BitMEX's Chief Operating Officer resigns from the company
|- It is unclear who will replace Angelina Kwan as the next BitMEX COO.
- Recently the CFTC had launched an investigation into BitMEX’s operations.
A BitMEX spokesperson told crypto media outlet The Block that company’s Chief Operating Officer, Angelina Kwan, has resigned from her post. The spokesperson said:
“We can confirm that Angelina Kwan is leaving the company and is on gardening leave now. That’s all we can say on the matter at the moment, but we wish Angelina all the best."
Prior to joining BitMEX, Kwan was the managing director and head of regulatory compliance for the Hong Kong Exchange and Clearing. She joined the exchange back in October 2018. During her joining, Kwan said that she would be "responsible for overseeing and driving the company’s growth" and will guide BitMEX on its mission to offer advanced, innovative financial products for the global cryptocurrency industry.” As of now, it is unclear who will replace Kwan as the next BitMEX COO.
Recently, BitMEX had been at odds with U.S. regulatory agencies. Most notably, the regulatory body CFTC had launched an investigation into the exchange to determine if it had illegally allowed U.S. traders to its platform or not.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.