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BitMEX Faces Lawsuit for Alleged Market Manipulation and Racketeering


BitMEX Faces Lawsuit for Alleged Market Manipulation and Racketeering

Cryptocurrency exchange platform BitMEX and its executives have been accused of indulging in illegal activities that include racketeering, money laundering Damon other financial crimes. BitMEX, one of the largest crypto derivatives platforms across the globe, has been accused of being “deliberately designed” to facilitate a multitude of illegal activities.

BitMEX faces a lawsuit for money laundering


The lawsuit was filed by BMA LLC in the United States District Court for the Northern District of California on May 16. The plaintiff alleges that the exchange’s parent company, HDR Global Trading, and its top executives including Arthur Hayes, Ben Delo, and Samuel Reed, have engaged in a multitude of crimes. Read More...