Key Takeaways BitMEX and its founders face a NY lawsuit accusing the exchange of manipulating trades to steal collateral. Plaintiffs claim BitMEX used server freezes and secret insider accounts to intentionally force liquidations. The lawsuit seeks class-action status and the recovery of over 600 BTC lost to these forced liquidations. BitMEX Accused of Trading Against Its Users in New Complaint BitMEX, the cryptocurrency exchange that recently announced it would wind down operations by September 23, has been hit by a lawsuit in the Southern District of New York for conducting fraudulent trading practices. The complaint, filed on Thursday by BKX …
Bitcoin
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Rather than predicting prices, Maller argued Bitcoin’s toughest periods are what keep the network and its participants honest. Jack Mallers says Bitcoin’s bear market …
LMAX Group has enlisted Morgan Stanley and KBW to assess a sale or public listing that could value the institutional trading company at up to …
