Alexander Hoeptner, the CEO of troubled cryptocurrency exchange BitMEX, has departed from the company effective immediately, The Block reported Tuesday. CFO Stephan Lutz has succeeded Hoeptner, who joined BitMEX in late 2020, as interim CEO and continue to serve as CFO, a company spokesperson told The Block.BitMEX did not immediately respond to a request for comment by Seeking Alpha.The departure comes after the exchange downsized its workforce, having slashed 25% of its headcount in April "in order to streamline for the next phase of our business," a spokesperson told CoinDesk at the time. Last year, it agreed to pay $100M to resolve charges regarding certain illicit activities, including accepting orders and funds from U.S. customers.In May, BitMEX rolls out spot crypto exchange, lists seven trading pairs.
