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BTC $79,202.11 -0.91%
ETH $2,491.44 -0.30%
BNB $739.61 -1.55%
XRP $1.40 -1.65%
SOL $104.08 -1.63%
TRX $0.3345 -0.42%
DOGE $0.0905 +0.39%
ADA $0.2205 -0.24%
BCH $260.48 +1.11%
LINK $12.78 -2.04%
HYPE $85.37 -2.80%
AAVE $132.51 -0.69%
SUI $0.8331 +3.85%
XLM $0.1928 +4.02%
ZEC $1,153.46 -5.34%

BitMEX co-founder Ben Delo faces a class-action lawsuit for alleged market manipulation

2024-04-10 11:35:15

ChainCatcher news, BitMEX co-founder Ben Delo will face a class-action lawsuit from users. U.S. District Court Judge Andrew Carter ruled that Ben Delo played a central role in a scheme to manipulate prices at the cryptocurrency exchange. This ruling came after Ben Delo's request to dismiss the lawsuit, but Judge Andrew Carter found that he played a significant role in designing the clearing system, allowing BitMEX to profit from the alleged manipulation.

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