Skip to content
Guavy Logo GUAVY
Sign up
Back to Guavy Wire
Crypto

BitMEX Faces Lawsuit Over Alleged Theft and Insider Trading

Guavy AI Editorial Team
Share

A proposed class-action lawsuit has been filed against BitMEX, a cryptocurrency derivatives exchange, alleging theft and insider trading. The suit claims that the exchange and its owners engaged in manipulative practices to profit from trades.

The complaint was filed by an unnamed plaintiff who is seeking damages and an injunction against BitMEX. According to the filing, the exchange's actions resulted in significant losses for traders.

BitMEX shut down last year after it was acquired by FTX. The company had faced regulatory scrutiny and was fined $100 million by the Commodity Futures Trading Commission (CFTC) in 2022.

More on Crypto

Crypto just now

India Delays Crypto Regulation Amid Wider Policy Consultation

Crypto just now

Schwab Backs CLARITY Act Despite Timing Dispute in Washington

Crypto 2m ago

TRON Enters Institutional Index as Digital Assets Gain Mainstream Traction

Disclaimer: Guavy is a data and market intelligence provider, not an investment advisor. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Guavy Logo GUAVY

Real-time market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

Navigate

Markets

Resources

© 2026 Guavy Inc

Terms Privacy Policy