On the 23rd, plaintiffs BKX Services and trader David Namdar filed a class action lawsuit against cryptocurrency derivatives exchange BitMEX in the Southern District of New York Federal Court (SDNY). The lawsuit coincided with the announcement of BitMEX's exchange closure in September.
According to the complaint, the total losses claimed by both parties amount to 622.66 BTC, which is approximately worth $40.7 million at current prices. BKX Services has been...