This aspect was emphasized when the judge referred to Delo’s role in the drafting of a “liquidation system” purportedly designed to generate BitMEX profits during the manipulative manoeuvres.

the position is taken over by the BitMEX liquidation engine. If the liquidation cannot be filled by the time the mark price reaches the bankruptcy price, the ADL system automatically deleverages ...

Compare the liquidation and winding up of Lehman Brothers, to the relatively rapid resolution of FTX's bankruptcy. As for BitMEX, Lutz foresees the exchange maintaining its niche in bitcoin-based ...

Cryptocurrency exchange BitMEX was fined $100 million for failing to maintain an adequate anti-money-laundering and know-your-customer program. The fine imposed on BitMEX on Wednesday was lower ...