Coin Bureau|Jul 24, 2026 07:37
JUST IN: BitMEX faces new lawsuit alleging it rigged forced liquidations just weeks before shutting down.
Plaintiffs claim positions were liquidated while collateral still exceeded losses, with the remaining BTC transferred to BitMEX’s insurance fund.
The alleged scheme cost 622.66 BTC, now worth roughly $41M.
The lawsuit comes as BitMEX prepares to shut down on September 23.(Coin Bureau)
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