💸⚖️ Celsius Estate Sues BitMEX for $495 Million in 2020 Liquidations
Celsius's estate is suing BitMEX for $495M—or 6,360 BTC—over March 2020 forced liquidations. 💸 The estate says BitMEX ran both the liquidation engine and the insurance fund that pocketed the proceeds, with some sell orders placed 24% below the next ask. The filing lands 11 days