Share this article

Parent of Troubled BitMEX Names a Former Stock Exchange Chief Its New CEO

Hoptner comes from Borse Stuttgart GmbH and Euwax AG, where he has been CEO since 2018.

Updated Sep 14, 2021, 10:36 a.m. Published Dec 1, 2020, 2:18 a.m.
Alexander Höptner
Alexander Höptner

100x Group, the holding group for HDR Global Trading Limited, owner and operator of the embattled BitMEX cryptocurrency derivatives platform, named Alexander Hoptner as its CEO.

STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters

  • Announced Tuesday, Hoptner will become head of the Seychelles-registered holding group, effective January 2021.
  • Hoptner is the former CEO of the German stock exchange Borse Stuttgart GmbH and more recently liquidity provider Euwax AG, which he has led since 2018.
  • The reshuffle comes at a time when 100x's original founders have been embroiled in a civil lawsuit over allegations of facilitating unregistered trading and other violations.

See also: BitMEX Accelerates Mandatory ID Verification After Charges of Lax Anti-Money Laundering Controls

Больше для вас

Больше для вас

Ledn raises $188m with first bitcoin backed bond sale in asset backed market

Bitcoin (TheDigitalArtist/Pixabay, modified by CoinDesk)

Crypto lender packages more than 5,400 bitcoin collateralized loans into first asset backed securities transaction of its kind.

Что нужно знать:

  • Ledn sold $188m of bonds backed by 5,400 bitcoin collateralized consumer loans, with an investment grade tranche priced at +335 basis points.
  • Automated liquidation of bitcoin collateral helped shield asset backed security investors even as the token fell.