$300M Lawsuit Filed Against Crypto Exchange BitMEX for Concealing Investor’s Equity

$300M Lawsuit Filed Against Crypto Exchange BitMEX for Concealing Investor’s Equity – AllStocks Network

One of the most prominent cryptocurrency exchanges, BitMEX, is being sued for $300 million after it allegedly did not meet its equity and stiffed an investor. According to the lawsuit filed against the crypto company by Frank Amato and RGB Coin Ltd., who were one of the first seed investors of BitMEX back when it had started in 2015, they will now be pursuing action against the company and its CEO, Arthur Hayes.