MarketPublished by KAS Watch · September 18, 2026
Celsius sues BitMEX for $495 million over 2020 liquidations
The Celsius estate has initiated legal action against BitMEX seeking $495 million in connection with 6,360 bitcoins lost during the 2020 market crash. The lawsuit centers on a leveraged long position held by the defunct lender.
Why it matters for the market
Broad market litigation involving major industry entities can influence macro liquidity dynamics and market sentiment, which may indirectly affect risk appetite across alternative crypto assets like Kaspa.
Original source
CoinDesk
Source publication · September 16, 2026 · 1 verified source
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