POPA ReconCelsius Sues BitMEX for $495M Over 2020 Crash
Celsius Sues BitMEX for $495M Over 2020 Crash Celsius' bankruptcy estate has sued entities linked to BitMEX in the U.S. Bankruptcy Court for the Southern District of New York, seeking about $495 million tied to Bitcoin's March 2020 crash. The complaint was brought by the Blockchain Recovery Investment Consortium (BRIC) on behalf of Celsius and alleges fraud, market manipulation, and wrongful liquidations during the March 2020 sell-off, covering 6,360 BTC worth roughly $495 million at the time of filing. The filing landed on September 12, just 11 days before BitMEX is scheduled to stop tradin…
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