Celsius sues BitMEX for $495 million just 11: Fraud or scam
Celsius Network’s bankruptcy estate has sued BitMEX over a 2020 liquidation cascade it says cost more than 6,360 Bitcoin. The complaint, filed Sept. 12 in the US Bankruptcy Court for the Southern District of New York, accuses entities behind the crypto derivatives exchange of fraud, market manipulation and wrongful liquidations during Bitcoin’s historic March 2020 […] The post Celsius sues BitMEX for $495 million just 11 days before exchange shutdown appeared first on CryptoSlate .
StatusUnder review
Reported loss$495.0M
ChainBitcoin
Confidence55%
Evidence boundary
Confidence describes the coverage of the available evidence. It is not a safety rating and does not guarantee that a protocol or asset is safe.
Sources
Record history
First seen: 2026-09-16T13:20:18.000Z. Last updated: 2026-09-16T14:51:35.167Z. Revision: 1.