BitMEX has laid off 75 employees, a move that comes shortly after BitMEX’s CEO and CFO’s plan to buy one of Germany’s oldest banks failed.
“BitMEX has changed with our employees. In order to improve our next phase of the business,” a BitMEX spokesperson said, “our top priority is to ensure that all affected employees get the support they need.”
“BitMEX platform will continue to operate normally. And we will not make any further comment at this time,” the spokesperson added.
A source familiar with the matter said. The dismissal will take effect at the end of April. and accounted for approximately 25% of BitMEX employees. This brings the total number of BitMEX employees worldwide to 225.
BXM Operations, the company founded by BitMEX CEO Alexander Höptner and Chief Financial Officer Stephan Lutz, announced plans to acquire one of Germany’s oldest lenders, Bankhaus von der Heydt, in January. But the agreement was cancelled.
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