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via Cointelegraph · By Cointelegraph Staff

BitMEX Users Seek 623 BTC in Liquidation Fraud Suit

BTC

BTC/USDT

$64,376.68

+0.33%

$64,376.68

+0.33%

(24s)

24h Volume

$4,797,838,640.77

24h H/L

$64,475.28 / $63,810.00

Change: $665.28 (1.04%)

Long/Short

65.4%

Long: 65.4%Short: 34.6%

Funding Rate

+0.0001%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$64,380.00

▲ 0.37%

Volume (24h): -

Resistance Levels

Resistance 3$70,467.59

Resistance 2$66,379.48

Resistance 1$64,562.78

Price$64,380.00

Support 1$64,050.00

Support 2$62,909.86

Support 3$61,277.48

Pivot (PP):$64,562.78

Trend:Uptrend

RSI (14):50.6

Cointelegraph Staff

(05:20 AM UTC)

1 min read

Approved byEmily Watson

1460 views

0 comments

BitMEX is facing a class action lawsuit accusing the crypto derivatives platform of fraudulently engineering customer liquidations to seize traders’ Bitcoin collateral.

On Thursday, BKX Services Inc. and David Namdar filed the complaint in the US District Court for the Southern District of New York. The plaintiffs allege they lost a combined 622.66 BTC through forced liquidations on BitMEX…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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Cointelegraph Staff · Cointelegraph

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