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Celsius Bankruptcy Estate Sues BitMEX for $495 Million Over 2020 Bitcoin Liquidations

By Trader Edge at 2026-09-17 03:22

Sentiment: Negative

TLDR Celsius Network’s bankruptcy estate sued BitMEX on Sept. 12 over forced liquidations during the March 2020 COVID crash The estate is seeking the return of 6,360.17 BTC worth roughly $495 million BitMEX allegedly controlled both the liquidation mechanism and the insurance fund that benefited from those liquidations This is the second lawsuit filed against [...] The post Celsius Bankruptcy Estate Sues BitMEX for $495 Million Over 2020 Bitcoin Liquidations appeared first on CoinCentral. Continue reading...

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