Cryptocurrency exchange BitMEX is looking for a buyer, CoinDesk reports.
The exchange has hired independent investment bank Broadhaven Capital Partners to facilitate the sale.
#BitMEX is looking for a buyer after a federal judge fined the company $100 million last month for violating the Bank Secrecy Act.
#cryptocurrency and derivatives exchange BitMEX is looking for a buyer and has hired independent investment bank Broadhaven Capital Partners to facilitate the sale, CoinDesk reported, citing sources.
BitMEX is looking for a buyer after a federal judge fined the exchange $100 million last month for violating the Bank Secrecy Act, a law that requires companies to report suspicious financial activity to prevent money laundering. BitMEX has been looking for a buyer since it previously admitted to violating the law in July 2024.
2025 BitMEX isn't the only exchange reportedly looking for a buyer. Cryptocurrency derivatives exchange Deribit has been gathering buyers for a potential acquisition, which at one point included digital asset exchange #Kraken , but as of Jan. 14, Deribit had not yet been officially listed for sale, The Block reported.
January trading volume on the BitMEX spot market was $15.12 million, according to The Block's Data Dashboard. The company was founded in 2014 by Arthur Hayes.
Read us at: Compass Investments