The cryptocurrency change and derivatives change BitMEX is in search of a purchaser and employed the impartial funding financial institution Broadhaven Capital Companions to facilitate the sale, in keeping with CoinDesk citing individuals aware of the matter.
BitMEX’s seek for a purchaser comes after a federal choose fined the change $100 million for violating the Financial institution Secrecy Act, a regulation mandating corporations report suspicious monetary exercise to forestall cash laundering, final month. BitMEX had beforehand pled responsible to violating the regulation in July 2024.
BitMEX is not the one agency reportedly looking for a purchaser in 2025. The crypto derivatives change Deribit attracted patrons for a possible acquisition, which had one level included the digital asset change Kraken, although Deribit had but to formally enter a sale as of Jan. 14, The Block beforehand reported.
BitMEX recorded $15.12 million in spot market quantity in January, The Block’s Knowledge Dashboard exhibits. The agency was co-founded in 2014 by Arthur Hayes.
The Block reached out to BitMEX and Broadhaven Capital Companions for remark.
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