The allegations point to one issue: the platform offered cryptocurrency derivatives to UK users without authorization from the UK Financial Conduct Authority.
Barber says he traded derivatives on BitMEX between 2018 and 2022, losing around £20 million worth of Bitcoin, and is seeking the return of the Bitcoin in question or equivalent compensation. £20 million is both the amount claimed and the loss he says he suffered—the same figure in both cases, which the court has yet to establish.
Bitcoin $BTC is currently priced at 83309.13 USDT, up 1.06% over 24 hours. The lawsuit concerns historical trading and an authorization dispute, not that day's spot-market fluctuations. A gain of just over one percent does not match the £20 million claim; for now, the market has not treated the filing as an immediate pricing event. Whether authorization was required and whether the Bitcoin can be returned in kind remain matters for the proceedings.
#加密监管 #法院诉讼
Barber says he traded derivatives on BitMEX between 2018 and 2022, losing around £20 million worth of Bitcoin, and is seeking the return of the Bitcoin in question or equivalent compensation. £20 million is both the amount claimed and the loss he says he suffered—the same figure in both cases, which the court has yet to establish.
Bitcoin $BTC is currently priced at 83309.13 USDT, up 1.06% over 24 hours. The lawsuit concerns historical trading and an authorization dispute, not that day's spot-market fluctuations. A gain of just over one percent does not match the £20 million claim; for now, the market has not treated the filing as an immediate pricing event. Whether authorization was required and whether the Bitcoin can be returned in kind remain matters for the proceedings.
#加密监管 #法院诉讼