Alexander Hoeptner, CEO of crypto futures exchange BitMEX, has left the firm.
Chief Financial Officer Stephan Lutz was appointed as interim CEO, according to a company spokesperson, and will continue to serve as CFO.
Hoeptner joined BitMEX in late 2020, and before that, he was CEO of German stock exchange Borse Stuttgart GmbH and liquidity provider Euwax AG.
Earlier this month, Hoeptner told CoinDesk that BitMEX was planning to launch its native token, BMEX, by the end of the year.
Hoeptner's departure was reported earlier by the Block.
Lutz is a former partner at auditing and consulting giant PricewaterhouseCoopers. He joined BitMEX in March 2021.
UPDATE (Oct. 25, 11:40 UTC): Updates headline and story with confirmation.
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.
Learn more about Consensus 2023, CoinDesk’s longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.