BitMEX CEO Alexander Hoeptner resigns, CFO Stephan Lutz appointed interim CEO

Steffy Bogdanova
October 26, 2022 11:33 am

BitMEX has appointed its chief financial officer Stephan Lutz as interim chief executive officer. the executive move comes as Alexander Hoeptner steps down from his position after less then two years at the helm of the exchange.

Lutz will also continue to serve as CFO of the company.

He said in an email to the Block:

Stephan Lutz, BitMEX

Stephan Lutz
Source: LinkedIn

Together with the rest of the management team and our talented staff members, I will make sure that BitMEX continues to deliver great, innovative crypto trading products and a secure and stable trading environment for our clients.

BitMEX has not revealed the reasons behind the Hoeptner’s departure, only noting that it takes “immediate effect”. Hoeptner joined the exchange in January 2021, replacing Vivien Khoo as interim CEO. He became full-time CEO following co-founder Arthur Hayes stepping down after criminal charges were brought against him.

Founded in 2014, BitMex has in recent years struggled with legal troubles.

Meanwhile, BitMEX obtained regulatory approval from the Organismo Agenti e Mediatori (OAM) in Italy as a provider of virtual currency and digital wallet services.

LeapRate Analyst

Experienced writer and journalist, working in the global online trading sector, Steffy is the Editor of LeapRate. She has previous experience as a copywriter and has been with the company since January 2020. Steffy has a British and American Studies degree from St. Kliment Ochridski University in Sofia.
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