Celsius estate sues BitMEX over $495M in Bitcoin liquidations
Celsius Network’s bankruptcy estate has sued BitMEX for the return of 6,360.17 Bitcoin, worth about $495 million, over forced liquidations carried out during the March 2020 COVID market crash. Summary Celsius and JST lost a combined 6,360.17 BTC through BitMEX liquidations in March 2020. The estate alleges BitMEX designed its system to profit from liquidated
