BitMEX, Arthur Hayes, Samuel Reed and Benjamin Delo face a proposed class action alleging insider trading and deliberate server freezes.

BitMEX, co-founded by Arthur Hayes, will shut down on Sept. 23, 2026, at 04:00 UTC after owner HDR Global Trading's strategic review.

BitMEX will shut down on September 23 after 11 years, urging users to close positions and withdraw funds before the deadline.