Bootstrap Gallery
  1. Home
  2. Finance
Latest Finance News 🔥
Finance
Celsius Files $495 Million Lawsuit Against BitMEX Over 2020 Crash Liquidations
In a dramatic escalation of the legal battles that have been raging across the cryptocurrency industry since the market’s implosion in early 2020, Celsius Network’s bankruptcy estate has formally lodged a lawsuit against the cryptocurrency derivatives exchange BitMEX, seeking more than $495 million in damages. The claim centers on a massive liquidation of a leveraged long position that resulted i…
Sept. 16, 2026, 5:34 p.m.
Finance
Celsius Takes Legal Action Against BitMEX Seeking $495 Million Over 2020 Crash Liquidations
In early 2020, as the global pandemic began to reshape economies and financial markets, the cryptocurrency sector experienced one of its most dramatic downturns. Prices of major digital assets, including Bitcoin, fell sharply, triggering a cascade of liquidations across leveraged trading platforms. Among the parties caught in the turmoil was Celsius Network, a prominent crypto lending firm that h…
Sept. 16, 2026, 5:34 p.m.
Finance
Celsius Takes Legal Action Against BitMEX Seeking $495 Million Over 2020 Crash Liquidations
In a dramatic escalation of the ongoing fallout from the cryptocurrency market turmoil of 2020, Celsius Network, the once‑prominent crypto lending platform, has filed a lawsuit against the derivatives exchange BitMEX, demanding roughly $495 million in damages. The legal claim centers on the liquidation of a massive leveraged long position that was opened during the height of the COVID‑19‑induced …
Sept. 16, 2026, 5:34 p.m.
Finance
Celsius Files $495 Million Lawsuit Against BitMEX Over 2020 Crash Liquidations
In early 2020, the cryptocurrency market experienced an unprecedented downturn triggered by the global COVID‑19 pandemic. Prices of major digital assets plummeted, and the rapid decline exposed the vulnerabilities of leveraged trading strategies across the industry. One of the most notable disputes arising from that turbulent period involves Celsius Network, the once‑prominent crypto lending plat…
Sept. 16, 2026, 5:34 p.m.
Finance
Celsius Takes Legal Action Against BitMEX Seeking $495 Million After 2020 Crash Liquidations
In the wake of the dramatic market downturn that unfolded in 2020, Celsius Network, the once‑prominent crypto lending platform, has filed a lawsuit against the cryptocurrency derivatives exchange BitMEX. The legal complaint seeks a staggering $495 million in damages, a figure that reflects both the sheer scale of the loss and the complex financial engineering that underpinned the disputed transac…
Sept. 16, 2026, 5:34 p.m.
Finance
Celsius Takes Legal Action Against BitMEX Seeking $495 Million Over 2020 Crash Liquidations
In a high‑profile lawsuit filed this week, Celsius Network’s bankruptcy estate has initiated legal proceedings against the cryptocurrency derivatives exchange BitMEX, alleging that the platform is liable for roughly $495 million in damages stemming from forced liquidations that occurred during the market turmoil of 2020. The complaint, lodged in the United States District Court for the Southern D…
Sept. 16, 2026, 5:34 p.m.
Finance
Celsius Files $495 Million Lawsuit Against BitMEX Over 2020 Crash Liquidations
In early 2024, Celsius Network, the once‑prominent crypto lending platform that declared bankruptcy in 2022, formally initiated legal action against the cryptocurrency derivatives exchange BitMEX. The complaint, filed in a U.S. federal court, alleges that BitMEX bears responsibility for the loss of approximately 6,360 Bitcoin—valued at roughly $495 million at the time the suit was filed—stemming …
Sept. 16, 2026, 5:34 p.m.
Finance
Celsius Files $495 Million Lawsuit Against BitMEX Over 2020 Crash Liquidations
In early 2024, Celsius Network, the once‑prominent crypto lending platform that filed for bankruptcy in 2022, initiated a high‑stakes legal battle against BitMEX, the well‑known derivatives exchange. The complaint, filed in a U.S. federal court, alleges that BitMEX is liable for roughly $495 million in damages stemming from liquidations that occurred during the market turmoil of March 2020. The c…
Sept. 16, 2026, 5:34 p.m.
Finance
Celsius Files $495 Million Lawsuit Against BitMEX Over 2020 Crash Liquidations
In early 2024, Celsius Network’s bankruptcy estate announced that it had filed a civil lawsuit against cryptocurrency derivatives exchange BitMEX, seeking more than $495 million in damages. The claim stems from a series of forced liquidations that occurred during the market turmoil of March 2020, when the COVID‑19 pandemic triggered a rapid and severe sell‑off across global financial markets, inc…
Sept. 16, 2026, 5:34 p.m.
Finance
Celsius Takes Legal Action Against BitMEX Seeking $495 Million Over 2020 Crash Liquidations
In early 2020, the cryptocurrency market experienced a dramatic downturn triggered by the global Covid‑19 pandemic, and the repercussions of that crash continue to echo through the industry today. One of the most high‑profile disputes arising from that period involves Celsius Network, the once‑prominent crypto lending platform, and BitMEX, a leading cryptocurrency derivatives exchange. Celsius ha…
Sept. 16, 2026, 5:34 p.m.