{
  "id": 9303343,
  "title": "BitMEX ends crypto trading, keeps withdrawals open after closure",
  "url": "https://urgent.news/2026/09/23/bitmex-ends-crypto-trading-keeps-withdrawals-open-after-closure",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-23T08:18:38.000Z",
  "source": {
    "name": "Cointelegraph",
    "slug": "cointelegraph",
    "url": "https://cointelegraph.com/news/bitmex-ends-crypto-trading-withdrawals-open"
  },
  "original_language": "en",
  "account": "BitMEX concluded its crypto trading activities after 11 years of operation, while still permitting withdrawals. The move was announced on July 23, with a shutdown date set for September 23. BitMEX's withdrawal services remain operational, but trading and deposits are no longer allowed. Users can still access their accounts to withdraw remaining balances. The exchange's API withdrawals will be disabled on September 28, requiring users to follow the web platform for withdrawals. BitMEX's owner, HDR Global Trading Limited, made the decision to close the platform after a strategic review of the crypto business and industry, stating the closure was not due to legal or regulatory reasons. The closure coincides with a lawsuit filed by the Celsius bankruptcy estate against five BitMEX-linked companies, accusing them of fraud, market manipulation, and wrongful liquidations related to 6,360 Bitcoin during the March 2020 market crash. The lawsuit seeks nearly $490 million in Bitcoin at the time of the allegations.",
  "summary": "BitMEX officially ended exchange operations after more than 11 years, while withdrawals remain open as the crypto derivatives platform urges users to remove their funds.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}