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      Celsius Sues BitMEX 11 Days Before Exchange Shutdown, Seeking $495 MillionCelsius’ bankruptcy...

      Celsius Sues BitMEX 11 Days Before Exchange Shutdown, Seeking $495 MillionCelsius’ bankruptcy estate sued entities linked to BitMEX in the U.S. Bankruptcy Court for the Southern District of New York on Sept. 12. The complaint alleges fraud, market manipulation and wrongful liquidations during Bitcoin’s March 2020 crash, involving 6,360 BTC worth approximately $495 million at the time of filing.The case was brought by Blockchain Recovery Investment Consortium (BRIC) on behalf of Celsius. BitMEX is scheduled to stop trading on Sept. 23, while the allegations have not been established by the court.

      Source: Wu Blockchain
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      Terra Founder Do Kwon Sentenced to 15 Years in Prison for Fraud