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BitMEX CEO Calls New Insider Trading Lawsuit 'Spurious and Opportunistic'

Jul 24, 2026 · 10:42 AM ET· updated 2h ago
BitMEX CEO Calls New Insider Trading Lawsuit 'Spurious and Opportunistic'

BitMEX faces a class action alleging insider trading, deliberate platform freezes and $40.7M in customer Bitcoin losses.

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Why It Matters

BitMEX, a cryptocurrency trading platform, is being accused in court of unfairly trading ahead of customers and freezing the platform when it hurt them, losing customers $40.7 million in Bitcoin. When a company faces serious legal trouble like this, watch how they respond and whether customers start trusting them less.

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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.

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