BitMEXpage 3

Platform · 103 articles
Share

Coverage, page 3

page 3 of 6

BitMEX sued for engineering customer liquidations to seize traders’ Bitcoin collateral

The lawsuit was filed the day BitMEX announced its shutdown. Lawsuit alleges excess Bitcoin collateral was retained. Plaintiffs claim losses totalling 622.66 BTC. BitMEX is facing fresh legal trouble after a class-action lawsuit accused the cryptocurrency derivatives exchange of deliberately engineering customer liquidations to take possession of traders’ Bitcoin collateral. The lawsuit was filed on […]

CoinJournalCoinJournalCharles Thuo24 Jul

Exploiting Private Data: Lawsuit Claims BitMEX Used ‘God Access’ to Force Customer Liquidations

The complaint, which includes former BitMEX CEO Arthur Hayes and former CTO Samuel Reed as defendants, alleges that the exchange operated a fraudulent scheme from an insider desk managed by Head of Business Development Gregory Dwyer to trade against its users. BitMEX Accused of Trading Against Its Users in New Complaint BitMEX, the cryptocurrency exchange […]

Bitcoin.com NewsBitcoin.com NewsSergio Goschenko24 Jul