BitMEX, Arthur Hayes Face New Class Action Alleging Secret Desk and 622 Bitcoin Seizure
BitMEX and co-founder Arthur Hayes have been hit with a new class-action lawsuit alleging the crypto exchange ran a secret trading desk against its own users, intentionally froze servers during volatile markets and seized 622 bitcoins.
The allegations are described as involving "god access," burner accounts and mass liquidations. Additional details, including the court filing and any response from BitMEX or Hayes, were not included in the material reviewed.
From the sources (3 posts)
@bitcoinnews"God access." Burner accounts. Mass liquidations. A new lawsuit alleges BitMEX ran an insider trading desk against its own users and intentionally froze servers during volatile markets. @_dsencil and @graminitha1 break down the claims 👇 h
@gneyersenBitMEX is accused of seizing 622 bitcoins through server freezing and insider trading before its closure Explore more key information on SoSoValue: good soso @SoSoValueCrypto
@braindrainomarBitMEX and Co-Founder Arthur Hayes Hit with New Class-Action Lawsuit Over Alleged Secret Trading Desk