Skip to main content
Sign in

Bitstamp

avoid.net/bitstamp67/100·88% conf.
[AI-DRAFTED · AWAITING VERIFICATION]

Auto-generated score, not yet verified against the scoring model. Under review — treat as indicative, not a verdict.

anchored·58HNNE…2hqk

Summary

Bitstamp is a Luxembourg-headquartered cryptocurrency exchange founded in 2011 by Nejc Kodric and Damijan Merlak, widely regarded as the world's longest-running active crypto exchange. It was acquired by Robinhood Markets for approximately $200 million in June 2025 and holds over 50 active licenses and registrations globally, including an EU MiCA CASP license and a MiFID MTF license. The exchange has maintained a strong regulatory compliance posture for most of its history, though it suffered a significant $5.3 million hack in 2015 and a 2025 French court found it civilly liable for a period of unregistered operation in France.

Connected Entities

1 entities
Organizations
Bitstamp
Relationships
  • + 7 more
Have evidence about Bitstamp?

Timeline(17 events)

August 2011

Bitstamp founded by Nejc Kodric and Damijan Merlak in Slovenia with approximately €1,000 in startup capital.

Bitstamp - Wikipedia

April 2013

Bitstamp relocates registration to the United Kingdom and begins requiring identity verification from customers.

Bitstamp - Wikipedia

February 2014

Attackers launch distributed denial-of-service attack against Bitstamp and demand 75 BTC ransom; leadership refuses to pay.

Bitstamp - Wikipedia

11 December 2014

Bitstamp systems administrator downloads malicious document during phishing attack, giving attackers a foothold into the exchange infrastructure.

Details of $5 Million Bitstamp Hack Revealed - CoinDesk

4 January 2015

Attackers drain Bitstamp hot wallet, stealing approximately 18,866 BTC (~$5.3 million). Service is suspended for nearly a week.

Hackers steal $5 million from major bitcoin exchange - Fortune

April 2016

Luxembourg's CSSF grants Bitstamp a payment institution license, the first for a cryptocurrency exchange in the EU.

Bitstamp Becomes First MiCA-Licensed Exchange in Luxembourg - Luxembourg for Finance

29 October 2018

NXMH (affiliated with South Korean conglomerate NXC Corporation) acquires approximately 80% of Bitstamp. Founder Nejc Kodric retains 10% and continues as CEO.

Bitstamp Announces Sale to NXMH - GlobeNewswire

December 2022

Xiaofei Chen indicted in the Southern District of Texas for using Bitstamp accounts to launder $520,000 obtained through identity theft.

Suburban man convicted of Bitstamp cryptocurrency fraud scheme - DOJ SDTX

7 February 2023

Bitstamp registers with France's AMF — more than two years after the PACTE Act transitional deadline of December 19, 2020.

The Liability of Crypto-Asset Service Providers for Failure to Register With the AMF - Goodwin Law

May 2023

Ripple acquires Pantera Capital's minority stake in Bitstamp for an undisclosed sum, becoming a minority shareholder.

Ripple president explains why the company acquired a stake in Bitstamp - The Block

12 October 2023

Xiaofei Chen pleads guilty to aggravated identity theft in the Bitstamp fraud case.

Sugar Land resident sent to prison for Bitstamp cryptocurrency fraud scheme - DOJ SDTX

2024

Xiaofei Chen sentenced to 24 months in federal prison for identity theft and money laundering involving a Bitstamp account.

Sugar Land resident sent to prison for Bitstamp cryptocurrency fraud scheme - DOJ SDTX

6 June 2024

Robinhood Markets announces agreement to acquire Bitstamp for approximately $200 million in cash.

Robinhood to Acquire Bitstamp - Robinhood Investor Relations

October 2024

Bitstamp Financial Services receives MiFID Multilateral Trading Facility (MTF) license from Slovenia's Securities Market Agency, enabling regulated crypto derivatives trading.

Bitstamp secures MiFID MTF license from European regulator - Crypto.news

16 May 2025

Luxembourg's CSSF grants Bitstamp a CASP license under the EU's MiCA regulation, covering exchange, order execution, and custody services across the EEA.

Bitstamp Secures CASP License Under MiCA - Bitstamp Blog

2 June 2025

Robinhood completes the $200 million acquisition of Bitstamp. The platform is rebranded as 'Bitstamp by Robinhood.'

Robinhood Completes $200M Acquisition of Bitstamp - CoinDesk

26 June 2025

Court of Appeal of Grenoble rules Bitstamp Europe civilly liable for operating in France without AMF registration between December 2020 and February 2023; orders payment of €27,950 to a user.

The Liability of Crypto-Asset Service Providers for Failure to Register With the AMF - Goodwin Law
Provenance & Audit Trail

Decision Log

This investigation is cryptographically anchored to the Solana blockchain (3 events). 20 of 22 cited source URLs have an Internet Archive snapshot.

model: claude-sonnet-4-6

generated: 5/31/2026, 7:31:50 AM

last updated: 7/27/2026, 8:52:18 AM

avoid.net — verified advice for a post-truth world