BitMEX Faces $27 Million UK Lawsuit Over Unlicensed Derivatives

TL;DR BitMEX is facing a lawsuit in the UK seeking the return of 324.8 BTC, worth approximately $27.2 million. The plaintiff is challenging 1,053 perpetual swap trades executed between 2018 and 2022 and accuses the exchange of offering regulated financial services without a license. Lawyers involved in the case warn that other British traders could ... Read more

BeCrypto News shows a short excerpt and links to the publisher. The full report belongs to Crypto Economy.