BitMEX Ceases Trading Operations After Over Eleven Years

BitMEX officially halted its trading services on September 23, 2026, at 4 a.m. UTC. While users can still access accounts to withdraw funds, all deposits and trading activities have ended. Founded in 2014 by Arthur Hayes, Ben Delo, and Samuel Reed, the platform was instrumental in popularizing perpetual futures and high-leverage trading. The closure follows a history of regulatory challenges, including a 2022 settlement involving Arthur Hayes and ongoing allegations regarding internal trading desks.