Bootstrap Gallery
  1. Home
  2. Finance
Latest Finance News 🔥
Finance
Celsius Takes Legal Action Against BitMEX Seeking $495 Million Over 2020 Crash Liquidations
In early 2024, Celsius Network’s bankruptcy estate filed a high‑profile lawsuit against the cryptocurrency derivatives exchange BitMEX, alleging that the platform bears responsibility for a massive loss of digital assets that occurred during the market turmoil of 2020. The complaint seeks roughly $495 million in damages, a figure derived from the value of approximately 6,360 Bitcoin that the esta…
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 Chapter 11 bankruptcy in 2022, announced that it would bring a civil action against BitMEX, the well‑known cryptocurrency derivatives exchange. The complaint seeks more than $495 million in damages, a figure derived from the value of roughly 6,360 Bitcoin that the Celsius estate alleges were improperly liqui…
Sept. 16, 2026, 5:34 p.m.
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 Files $495 Million Lawsuit Against BitMEX Over 2020 Crash Liquidations
In early 2024, Celsius Network’s bankruptcy estate initiated a high‑stakes legal battle against the cryptocurrency derivatives exchange BitMEX, seeking more than $495 million in damages. The claim centers on a series of forced liquidations that occurred during the dramatic market downturn of March 2020, when the COVID‑19 pandemic sent Bitcoin’s price tumbling and triggered a cascade of margin cal…
Sept. 16, 2026, 5:34 p.m.
Finance
Celsius Takes Legal Action Against BitMEX Seeking $495 Million Over 2020 Crash Liquidations
In early 2024, Celsius Network’s bankruptcy estate filed a high‑profile lawsuit against the cryptocurrency derivatives exchange BitMEX, alleging that the latter is liable for roughly $495 million in damages stemming from liquidations that occurred during the market turmoil of 2020. The complaint, filed in the United States District Court for the Southern District of New York, asserts that BitMEX’…
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 one of its most dramatic downturns, a period often referred to as the COVID‑19 crash. Amid the chaos, a leveraged long position taken by the now‑defunct crypto lender Celsius Network turned into a massive liability. The estate of the bankrupt firm has now taken legal action against the cryptocurrency derivatives exchange BitMEX, seeking damages…
Sept. 16, 2026, 5:34 p.m.
Finance
Celsius Files $495 Million Lawsuit Against BitMEX Over 2020 Crash Liquidations
In a dramatic escalation of the legal battles that have roiled the cryptocurrency lending sector, Celsius Network has initiated a $495 million lawsuit against BitMEX, alleging that the exchange’s actions during the market turmoil of 2020 caused massive liquidations that wiped out a substantial portion of the lender’s portfolio. The complaint, filed in a U.S. federal court, centers on the claim th…
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 took a bold legal step by filing a lawsuit against the 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 decline in cryptocurrency prices. At the h…
Sept. 16, 2026, 5:34 p.m.
Finance
Celsius Files $495 Million Lawsuit Against BitMEX Over 2020 Crash Liquidations
In a dramatic escalation of the legal battles that have followed the cryptocurrency market’s tumultuous 2020 downturn, Celsius Network, the now‑bankrupt crypto lending platform, has launched a $495 million lawsuit against BitMEX, one of the world’s largest cryptocurrency derivatives exchanges. The suit alleges that BitMEX’s handling of liquidations during the COVID‑19‑induced market crash caused …
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 one of its most dramatic downturns, a period commonly referred to as the COVID‑19 crash. Amid the chaos, a series of forced liquidations swept through leveraged positions, causing massive losses for many participants. One of the most high‑profile disputes arising from that turmoil involves Celsius Network, the once‑prominent crypto lending plat…
Sept. 16, 2026, 5:34 p.m.