Cryptocurrency derivatives exchange BitMEX has announced that they are not affected by the FTX crash and that the bad trend in the markets will not cause a delay in local token issuance plans.
In the statement made by BitMEX, FTX and Alameda research It was stated that the collapse did not harm them. Expressing that they will emerge from the crisis with solid liquidity and strict measures, the exchange said that it will also stick to its local token issuance plan. Before that 11 november The local token of the exchange, which stated that it will not make any changes despite the current market conditions on the local token issuance date announced as BMEX will be released tomorrow.
Head of global business development and partnerships at BitMEX Salama Belghali In his statement on the subject, he made reassuring statements:
The new token is not something we’re putting out to pay for lunch. We were not exposed to Alameda, FTX, or FTT. We actually have very strict rules. We are safe.
BitMEX announced last week that it will cut staff as part of a move away from its “beyond derivatives” strategy. BitMEX’s move to focus on derivatives to regain market share has been crippled after FTX’s collapse.our disadvantage has become our advantageexpressed in the sentence ”.