Celsius's bankruptcy assets filed a lawsuit against BitMEX's operating entity at the U.S. District Court for the Southern District of New York on September 12, alleging fraud, market manipulation, and improper liquidations during the March 2020 Bitcoin price drop, resulting in losses of 6,360 BTC, equivalent to approximately $495 million based on prices at filing. The defendants include HDR Global Trading, ABS Global Trading, Shine Effort, 100x Holdings, and HDR Global Services. [PANews]
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Celsius filed a lawsuit 11 days before BitMEX shut down, claiming $495 million
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