seek

BitMEX Users Seek 623 BTC in Liquidation Fraud Suit

BitMEX is facing a class action lawsuit accusing the crypto derivatives platform of fraudulently engineering customer liquidations to seize traders’ Bitcoin collateral. On Thursday, BKX Services Inc. and David Namdar filed the complaint in the US District Court for the Southern District of New York.… Read More

Banks seek to slow down implementation of crypto’s GENIUS Act on stablecoin oversight

3 months ago by Crypto InsightsCrypto

The crypto industry is frequently finding bankers involved in its top-priority regulatory efforts, and this time, a coalition of bank trade associations has asked the U.S. Department of the Treasury to extend the window in which the public can weigh in on implementation of last… Read More