BitMEX Faces 622 BTC Class Action As Exchange Prepares To…
BitMEX is facing a proposed class action in the United States that seeks the return of more than 622 BTC ( or $40.39 million at press time) from two traders who allege the derivatives exchange designed its liquidation system to profit from forced liquidations. The lawsuit was filed on the same day BitMEX announced plans to shut down its exchange in September, although the claims stem from trading
BitMEX is facing a proposed class action in the United States that seeks the return of more than 622 BTC ( or $40.39 million at press time) from two traders who allege the derivatives exchange designed its liquidation system to profit from forced liquidations. The lawsuit was filed on the same day BitMEX announced plans to shut down its exchange in September, although the claims stem from trading
Source: FinanceFeeds