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BitMEX Winds Down as Crypto Perps Take Off, Faces Insider Trading Suit

Summary by DeFi Rate
The cryptocurrency exchange and derivatives platform that pioneered crypto perpetual swaps in 2016 announced it will be shutting down operations in September. Dear BitMEX Users,Today, we share with a very heavy heart that BitMEX exchange will shut down its operations, effective 23 September 2026 at 04:00:00 UTC.The owner and operator of BitMEX, HDR Global Trading Limited, has made the difficult decision to close operations… pic.twitter.com/oWuq…
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DeFi Rate broke the news on Wednesday, August 5, 2026.
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