BitMEX hires former BNP Paribas' exec as general counsel

Cryptocurrency derivatives exchange BitMEX has hired Derek Gobel as its general counsel. Gobel was formerly general counsel at BNP Paribas APAC.

“Derek brings extensive legal and corporate governance experience. Derek is perfectly qualified to lead our legal function and help us move forward in today’s continually evolving regulatory environment," said BitMEX co-founder and CEO Arthur Hayes.

Gobel's hire comes after the resignation of BitMEX's COO Angelina Kwan and recent reports that the CFTC was investigating the exchange to determine whether it broke rules by allowing U.S. traders onto its platform.