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Crypto

BitMEX Faces Class Action Lawsuit, Demands Return of 622 Bitcoins

2026/07/25 19:30(Updated 2026/07/27 09:01)

CoinPost

Written by L.Kikutani

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BitMEX Faces Class Action Lawsuit, Demands Return of 622 Bitcoins

BitMEX Sued

BitMEX Sued

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...

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