Celsius Sues BitMEX Seeking $495 Million, Accusing It of Manipulating Liquidations
The bankruptcy estate of Celsius has sued BitMEX and related entities, alleging that they maliciously liquidated user positions by manipulating the mechanism during the March 2020 crash. The case involves claims to recover losses totaling approximately 6,360 BTC for Celsius and the JST Fund, equivalent to roughly $495 million USD.
