Search results for Ben Delo
Crypto
Record donation: Crypto figures give 72 million pounds to UK\'s rightwing party Reform UK
Reform UK, described as a rightwing populist party, has secured political donations totalling 72 million pounds from two crypto industry billionaires, an unprecedented sum in British party funding history. BitMEX co-founder Ben Delo and investor Christopher Harborne each pledged 36 million pounds. The donations come as Nigel Farage faces a parliamentary probe over an undeclared gift and police examine allegations of foreign funding. The government is also moving to tighten donation rules.
Crypto
BitMEX to wind down operations after 11 years; Zhao says \'sad\'
Cryptocurrency exchange BitMEX will cease operations on Sept. 23 local time. Operator HDR Global Trading decided to permanently close the exchange after reviewing its business strategy and broader crypto market conditions. New sign-ups have been halted, and limits on new positions will begin on Aug. 26. Unclosed positions will be liquidated at shutdown. BitMEX said it is not responsible for losses from failure to close positions by deadlines.
Crypto
BitMEX replaces CEO, CFO and growth chief at once, renewing talk of exchange sale
BitMEX has replaced its CEO, CFO and chief growth officer at the same time, drawing attention to the reasons behind the reshuffle. The changes were first confirmed through LinkedIn profile updates, with no official statement released. Peter Wilkinson, previously global chief legal officer and chief operating officer, was appointed CEO. Industry watchers link the move to possible sale or M&A preparations and to the exchange’s history of U.S. regulatory disputes.