BitMEX Seeks New Ownership

The renowned cryptocurrency exchange and derivative trading platform, BitMEX, is reportedly in the process of finding a new buyer. This news comes from a recent report by Coindesk, which cites two anonymous sources familiar with the matter.

Investment Bank Hired to Facilitate Sale

In an effort to streamline the sale process, BitMEX has enlisted the services of Broadhaven Capital Partners, LLC, an investment bank known for its expertise in corporate finance and mergers and acquisitions.

Legal Troubles Loom Over BitMEX

This move comes in the wake of BitMEX's admission of guilt for violating the Bank Secrecy Act. The platform failed to provide its users with an anti-money laundering service, leading to legal challenges in 2022 and 2024.