BitMEX hit with 623 BTC lawsuit on day it announces shutdown
BitMEX faces a proposed class action alleging it engineered customer liquidations and seized nearly 623 BTC, filed the day BitMEX announced its shutdown.
Quick take
Read original at Cointelegraph BitMEX faces a class action lawsuit in the US District Court for the Southern District of New York, alleging fraudulent engineering of customer liquidations to seize traders' Bitcoin collateral. Plaintiffs BKX Services Inc. and David Namdar claim losses of 622.66 BTC. The lawsuit was filed on the day BitMEX announced its shutdown.
Summarised by netranta from Cointelegraph. Open the original for the full story.
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