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

BitMEX Faces New Class Action Lawsuit Over Alleged Insider Trading

Guavy AI Editorial Team
Share

BitMEX and its founders Arthur Hayes, Samuel Reed, and Ben Delo are facing another class action lawsuit just one day after shutting down. The new lawsuit alleges that BitMEX secretly traded against its own users through an internal trading desk.

The plaintiffs, BKX Services and David Namdar, claim combined losses of ...

According to the lawsuit, the exchange's actions resulted in significant financial losses for its users, with no clear indication of how much money was lost. The exact amount is not specified in the source.

The lawsuit comes just one day after BitMEX shut down, adding to the growing list of challenges facing the crypto derivatives exchange and its founders.

More on Crypto

Crypto just now

EU Imposes Transaction Bans on 14 Crypto Services Amid Russia Sanctions

Crypto just now

Tesla's AI Ventures Delayed, Impacting Market Sentiment and Crypto

Crypto just now

Bitcoin Plunges Below $64K Amid Investor Exodus and Tariff Threats

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