PANews
PANews|Sep 16, 2026 14:02
[Celsius Files Lawsuit 11 Days Before BitMEX Shutdown, Claiming $495 Million] According to CryptoSlate, Celsius' bankruptcy estate filed a lawsuit against BitMEX operating entities in the U.S. Bankruptcy Court for the Southern District of New York on September 12. The lawsuit accuses them of fraud, market manipulation, and improper liquidation during the Bitcoin crash in March 2020, resulting in a loss of 6,360 BTC, valued at approximately $495 million at the time of filing. Defendants include HDR Global Trading, ABS Global Trading, Shine Effort, 100x Holdings, and HDR Global Services.
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