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Celsius BitMEX lawsuit seeks $495M in bitcoin before exchange shuts down

The Cryptonomist·September 16, 2026·1 min read
Celsius BitMEX lawsuit seeks $495M in bitcoin before exchange shuts down

Celsius's bankruptcy estate sued five BitMEX entities on September 12, seeking return of 6,360 bitcoin worth roughly $495 million tied to forced liquidations during the March 2020 Covid crash. Celsius alleges BitMEX ran a fraudulent scheme controlling both liquidation and exchange.

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