Article: BitMEX Free of Crypto Market Manipulation Claims in California

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BitMEX Free of Crypto Market Manipulation Claims in California

Maeve Allsup, 16 March 2021

Cryptocurrency trading platform BitMEX and its founders won dismissal of claims that they illegally manipulated the cryptocurrency market, causing losses for platform users, when a federal judge in California rejected traders’ “kitchen sink” approach.

The complaint, filed in the U.S. District Court for the Northern District of California, alleged 17 causes of action, including violations of the Commodity Exchange Act, the Racketeer Influenced and Corrupt Organizations Act, and state law. Continue reading “Article: BitMEX Free of Crypto Market Manipulation Claims in California”

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