Bitcoin
Celsius sues BitMEX for $495 million over 2020 crash liquidations
CoinDesk·September 16, 2026·1 min read
The Celsius estate is suing BitMEX for $495 million over 6,360 BTC lost in the Covid crash, a leveraged long position that sits awkwardly with the lender's delta-neutral marketing. The lawsuit seeks recovery of funds from the 2020 market crash, highlighting risks of leveraged trading.
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