Celsius Takes Legal Action Against BitMEX Seeking $495 Million After 2020 Crash Liquidations
In early 2020, the cryptocurrency market experienced one of its most dramatic downturns, a period now commonly referred to as the COVID‑19 crash. Prices of major digital assets, including Bitcoin, plunged sharply, triggering a cascade of liquidations across the industry. Among the entities caught in the turmoil were Celsius Network, a prominent crypto lending platform, and BitMEX, a leading deriv…
Sept. 16, 2026, 5:34 p.m.