BitMEX Faces 623 BTC Lawsuit on Shutdown Announcement Day
Crypto Breaking News
BitMEX faces a $623 BTC lawsuit over alleged forced liquidations during its shutdown announcement.Summary
BitMEX is facing a US class action lawsuit alleging it improperly triggered forced liquidations to profit from traders' Bitcoin collateral, resulting in over 622 BTC losses. The complaint, filed on the same day BitMEX announced its shutdown, accuses the exchange of using an internal trading desk with access to private customer data to execute liquidations while regular users were blocked. The lawsuit seeks the return of withheld Bitcoin and damages, targeting users of BTC swap products since 2018. This case coincides with BitMEX's planned September shutdown, raising questions about legal recourse for affected traders.
(Source：Crypto Breaking News)