A resident of Moscow filed a lawsuit against the BitMEX cryptocurrency exchange

A resident of Moscow Dmitry Dolgov filed a lawsuit against the BitMex cryptocurrency derivatives exchange, accusing its founders of extortion, money laundering and manipulating the market.

Another complaint about Bitmex received two weeks after that, as a trade commission commodity futures of the United States (CFTC) accused the exchange of non -compliance with KYC and Aml rules. Debt made similar claims to the exchange, stated, that the leadership of BitMex neglects these procedures and intentionally accepts funds from any person, Be it hackers, taxes taxes, smuggles, Drug dealers and criminals. The plaintiff claims, that the illegal actions of Bitmex and its participation in market manipulations caused him significant damage.

In Old Dolgova, that for money laundering, the defendants could open an additional account on the Coinbase Pro exchanges, Kraken and Bitstamp for calculating the index price, as well as the main account on BitMex. Then the leadership of the exchange could open positions on cryptocurrency derivatives with a large credit shoulder on BitMex, immediately executing market orders using an additional account with maximum slip, which allowed to move the index price in the right direction.

Earlier, Bitcoin Manipulation Abatement (BMA) also filed a lawsuit against BitMex, Having accused the exchange of manipulating the market and the illegal turnover of cryptocurrencies in the United States. In December, investor Frank Amato (Frank Amato) stated, what in 2015 invested in the exchange year $30 000 for a promise to convert funds to the company's shares. The cost of this stake should be already $50 000 000, However, Bitmex never gave him securities. Besides, Investors filed an updated collective lawsuit against the General Director of BitMEX Arthur Hais (Arthur Hayes), After demanding payment $540 million.

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