Celsius estate sues BitMEX for 6,360 BTC over 2020 crash liquidations
The Blockchain Recovery Investment Consortium (BRIC), representing the Celsius Network bankruptcy estate, has sued BitMEX in the US Bankruptcy Court for the Southern District of New York. The suit seeks 6,360 BTC, valued at approximately $495 million, alleging fraud, market manipulation, and abusive liquidations during the March 2020 market crash.
Summaries are written by AI from the original article. Not investment advice.