Ben Delo
Ben Delo is an Oxford-trained mathematician and BitMEX co-founder whose career spans software engineering, cryptocurrency, and philanthropy. He helped invent BitMEX’s perpetual swap and published a mathematics paper with Filip Saidak. In a 2019 Giving Pledge letter, he named advanced AI among the risks his giving should address. A planned $1.46 million share of a MIRI grant did not proceed through his Open Philanthropy partnership, and other funders covered the amount. As of October 2026, he is a trustee of the London Institute for Mathematical Sciences; he funded the Ben Delo Fellowship there in 2025.
Timeline
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1984–2005
Oxford mathematics and computing
Born in Sheffield in 1984, he attends Lord Williams’s School in Thame and graduates from Oxford in 2005 with a double first-class degree in mathematics and computer science.
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2005–2012
Software engineering and trading
After graduating in 2005, he works as a software engineer at IBM and develops high-frequency trading systems at GSA Capital, Peel Hunt, and JP Morgan. In 2012, he moves to Hong Kong to work for JP Morgan and begins experimenting with Bitcoin.
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2014
Co-founding BitMEX
In 2014, he co-founds BitMEX, a cryptocurrency derivatives platform. He invents BitMEX’s perpetual swap for cryptocurrency trading.
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2019
A Giving Pledge on AI risks
In 2019, he signs the Giving Pledge and says his philanthropy should address long-term risks, including risks from artificial intelligence.
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November 2019
Euclid’s Theorem Redux
He and Filip Saidak publish “Euclid’s Theorem Redux” in the November 2019 issue of The Fibonacci Quarterly.
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2020
A planned MIRI grant
In 2020, MIRI announces a planned $1.46 million contribution through his Open Philanthropy partnership for work that includes advanced AI risks. Open Philanthropy does not proceed with the partnership, and other funders supply the money.
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2022–2025
A guilty plea and pardon
He pleads guilty to violating the U.S. Bank Secrecy Act in 2022. President Donald Trump pardons him in March 2025.
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As of October 2026
Trustee at the London Institute
He is a trustee of the London Institute for Mathematical Sciences. In 2025, he funds the creation of the Ben Delo Fellowship there.
Career
- Since 2014BitMEXCo-founder
- NowLondon Institute for Mathematical SciencesTrustee
- 2005–2012IBMSoftware Engineer
- 2005–2012GSA Capital
- 2005–2012Peel Hunt
- 2005–2012JPMorgan Chase
Education
- 2005University of OxfordDouble first-class degree in mathematics and computer science
Sources and credits
Photo: We have no published photo of Ben Delo yet. Send us a free-licensed photo.
- About Ben Delo | Fintech Entrepreneur & Philanthropist
- Ben Delo - Wikipedia
- Hong Kong is failing fintech: Q&A with founders of Bitcoin exchange BitMEX
- Ben Delo | LIMS
- Ben Delo — The Giving Pledge
- The Fibonacci Quarterly, Volume 57, Number 4
- MIRI’s largest grant to date!
- BitMEX’s Delo Will Not Face Prison After Guilty Plea
- A running list of the international figures Donald Trump has pardoned | The Week US



