The Celsius bankruptcy estate filed suit against BitMEX-affiliated entities on Sept. 12 in the U.S. District Court for the Southern District of New York, according to a post by Bitcoin News on X. The complaint alleges that the defendants carried out an improper liquidation in March 2020.
The filing covers a total of 6,360.1666 BTC. That amount includes 1,325.8385 BTC that Celsius said it lost on March 12, along with another 5,034.3281 BTC that it acquired the following day from fund JST Alpha 1.
The post also said BitMEX plans to cease exchange operations on Sept. 23. No further details were provided in the source material about the lawsuit claims or the planned shutdown.
The Celsius bankruptcy estate filed a lawsuit against BitMEX-affiliated entities on Sept. 12 in the U.S. District Court for the Southern District of New York, according to a post by Bitcoin News on X. The complaint alleges an improper liquidation in March 2020.
The filing seeks to recover 6,360.1666 BTC in total. That figure includes 1,325.8385 BTC that Celsius said it lost on March 12, and 5,034.3281 BTC that it acquired the next day from fund JST Alpha 1.
The post also said BitMEX plans to stop exchange operations on Sept. 23.
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