HEI

Historical Exchange Index

A quiet registry of crypto exchanges, active and gone.

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Exchange record

BitFunder

Bitcoin-denominated securities / asset exchange operated by Jon Montroll, also known as Ukyo. BitFunder launched around December 2012 and announced that users would no longer be able to enter new positions from 2013-11-14. The SEC later charged BitFunder and Montroll with operating an unregistered securities exchange and defrauding users.

CEXDeadRegulation
Also known as: Bitfunder, BitFunder.com

Registry sequence

Key facts

Launch date
2012-12-01
Death date
2013-11-14
Years
2012–2013
Origin
United States
Confidence
high
Last verified
2026-04-29

URL handling

Preferred action
Use current URL handling based on status below.
URL status
Unknown
Original URL
https://bitfunder.com/
Archived URL

Summary

Bitcoin-denominated securities / asset exchange operated by Jon Montroll, also known as Ukyo. BitFunder launched around December 2012 and announced that users would no longer be able to enter new positions from 2013-11-14. The SEC later charged BitFunder and Montroll with operating an unregistered securities exchange and defrauding users.

Timeline

BitFunder launched
2012-12-01launchedmedium

Contemporary reporting describes BitFunder as launched around December 2012 as a Bitcoin-denominated stock / securities exchange.

BitFunder ceased new trading
2013-11-14shutdown_effectivecritical

BitFunder announced that from 2013-11-14 users would no longer be able to enter new positions or sell positions on the website, with remaining bitcoin balances to be transferred later.

Evidence

CoinDesk2013-11-12news_articlemedium reliabilitylaunch_datearchive
Cointelegraph2013-11-12news_articlemedium reliabilitylaunch_datearchive
CoinDesk2013-11-12news_articlemedium reliabilityeventarchive
Cointelegraph2013-11-12news_articlemedium reliabilityeventarchive
U.S. Securities and Exchange Commission2018-02-21regulatory_noticehigh reliabilitydeath_reasonarchive
U.S. Securities and Exchange Commission2018-03-23regulatory_noticehigh reliabilitydeath_reasonarchive
U.S. Department of Justice2018-07-23regulatory_noticehigh reliabilityeventarchive
Internet Archive2026-04-29archive_capturemedium reliabilityurl_historyarchive

Related records

Notes and record state

Record note
BitFunder was not a conventional fiat/crypto spot exchange; it is included as a historical Bitcoin-denominated securities / asset exchange. HEI uses regulation as death_reason because the shutdown followed US-user restrictions and later SEC action characterized the platform as an unregistered securities exchange.
Revision state
Records may be incomplete, approximate, contested, or revised as better evidence becomes available.
This record may be incomplete or revised. Dead-side entries prefer archived URLs over original domains. Dates, causes, and classifications may change when stronger evidence becomes available. Contact / corrections

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