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

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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 [...] The post BitMEX sued for engineering customer liquidations to seize traders’ Bitcoin collateral appeared first on CoinJournal .

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