Cryptocurrency exchange and derivative trading platform BitMEX announced last week the appointment of Malcolm Wright as chief compliance officer of 100x Group, the owner and operator of the BitMEX platform.
Wright will lead 100x Group’s compliance efforts globally while reporting directly to Vivien Khoo, interim chief executive officer and chief operating officer. His appointment comes the same month the Commodity Futures Trading Commission (CFTC) announced the filing of an enforcement action against BitMEX and its related entities for allegedly operating an unregistered trading platform and failing to implement required anti-money laundering procedures.
