Celsius Network's bankruptcy estate filed suit against five BitMEX entities on September 12, seeking the return of 6,360.17 Bitcoin (worth approximately $495 million) over forced liquidations during the March 2020 market crash. The lawsuit comes just 11 days before BitMEX's scheduled permanent shutdown.
BitMEX co-founder Ben Delo and Tether investor Christopher Harborne each donated £36 million to Nigel Farage's Reform UK party within 24 hours, representing the largest single donations in British political history. The combined £72 million ($97 million) is intended to help the insurgent party prepare for the next general election.
Cryptocurrency derivatives exchange BitMEX was hit with a proposed class-action lawsuit accusing it of engineering customer liquidations to seize 623 bitcoin (approximately $60 million) on the same day the platform announced it would shut down after 11 years of operation.
BitMEX, the pioneering cryptocurrency derivatives exchange that introduced 100x leverage perpetual swaps, announced it will permanently shut down on September 23, 2026, following a strategic review by parent company HDR Global Trading Limited. The platform has already halted new account registrations.
