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via CoinDesk · By CoinDesk Staff

Crypto exchange BitMEX sued for 623 bitcoin as it prepares to shut down

BTC

BTC/USDT

$64,328.36

+0.28%

$64,328.36

+0.28%

(24s)

24h Volume

$4,868,352,474.51

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

-0.0004%

Shorts pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$64,409.54

▲ 0.42%

Volume (24h): -

Resistance Levels

Resistance 3$70,467.59

Resistance 2$66,379.48

Resistance 1$64,562.78

Price$64,409.54

Support 1$64,050.00

Support 2$62,689.41

Support 3$61,277.48

Pivot (PP):$64,562.78

Trend:Uptrend

RSI (14):50.8

CoinDesk Staff

(09:54 AM UTC)

1 min read

Reviewed byJames Mitchell

1228 views

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BitMEX logo in front of building (CoinDesk)

Summary

BitMEX is facing a proposed class-action lawsuit from BKX Services and David Namdar, who allege unfair liquidations and the withholding of collateral.
The complaint, which cites 622.66 BTC ($40.7 million) allegedly owed to the plaintiffs, says BitMEX designed a system to retain customer collateral and says an internal desk accessed private user…

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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Source

CoinDesk Staff · CoinDesk

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