BitMEX Hit by 623 BTC Lawsuit Amid Closure Plans

TL; DR BitMEX faces a class action lawsuit alleging it profited from forced liquidations involving 622.66 BTC in customer losses. The legal challenge comes as the exchange prepares to close operations. The firm set a closure date on September 23 after more than a decade in crypto. BitMEX’s decline reflects broader industry consolidation as early [...]

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