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Celsius bankruptcy estate sues BitMEX for $495 million

Celsius Network's bankruptcy estate filed a $495 million lawsuit against BitMEX operators, accusing the exchange of fraud and market manipulation tied to the alleged wrongful liquidation of 6,360 Bitcoin during the March 2020 crash.

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Celsius Network's bankruptcy estate has filed a $495 million lawsuit against the operators of BitMEX, accusing the exchange of fraud and market manipulation that it says led to the wrongful liquidation of 6,360 Bitcoin during the March 2020 crash.