BitMEX Sued in UK for Return of $27M in Bitcoin Over Unlicensed Derivatives
Summary
Crypto exchange BitMEX faces a legal challenge in the United Kingdom regarding millions of dollars in Bitcoin. The lawsuit targets thousands of loss-making derivative trades executed between 2018 and 2022. Furthermore, the complaint includes accusations of deceit against the platform.
The claim challenges 1,053 loss-making perpetual swap trades from 2018 to 2022 and also accuses the now-closed exchange of deceit.
Source: Read the full story at Decrypt
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