BitMEX faces a proposed class-action lawsuit alleging theft and insider trading, with claims the exchange retained customer collateral and misused private user data

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Collateral retention be a whole different charge than the AML violations Hayes already pleaded to — CFTC pulled $100M from 'em in 2021 and the founders caught criminal time, yet none of that touched where customers' margin actually went. This suit asks that question directly. 🦑

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BitMEX faces a proposed class-action lawsuit alleging theft and insider trading, with claims the exchange retained customer collateral and misused private user data

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BitMEX faces a proposed class-action lawsuit alleging theft and insider trading, with claims the exchange retained customer collateral and misused private user data

Explore the topic

More on Exchange

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Architect’s AX perpetuals exchange opens to individual traders and omnibus brokers, expanding regulated derivatives platform.

Underdog launches prediction markets on its own exchange, allowing users to bet on event outcomes.

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Gate’s U.S. exchange taps SoFi’s Big Business Banking platform as its fiat and crypto infrastructure partner

Lien Finance loses $542K after bond exchange flaw lets attacker mint unbacked tokens and drain USDC

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Underdog launches prediction markets on its own exchange, allowing users to bet on event outcomes.

Paymonade secures Liechtenstein MiCA authorization for fiat-crypto exchange and transfer services across EEA

Tether's USDT faces a two-year compliance countdown as the GENIUS Act moves toward full enforcement in July 2028, putting its U.S. exchange presence under pressure

Gate’s U.S. exchange taps SoFi’s Big Business Banking platform as its fiat and crypto infrastructure partner

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