**Editorial Note: This article cannot be responsibly published in any form.**

The central claim of this article — that BitMEX removed its CEO, CFO, and head of growth — has no verified basis in the research provided. The research explicitly states: “No verified reports exist of recent executive removals (2025-2026) at BitMEX” and identifies Stephan Lutz as actively serving as Group CEO into 2026.

Because the foundational premise of the article is unverified, every paragraph built upon it — including the market analysis, trader guidance, and competitive commentary — is also unsupported. Pruning individual paragraphs is not possible when the core news event itself cannot be confirmed.

The only facts in the research that are verified are:

– Arthur Hayes stepped down as CEO in October 2020 following U.S. criminal charges related to Bank Secrecy Act violations.