BitMEX hit with proposed class-action suit over theft and insider trading claims

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Cryptocurrency exchange BitMEX is facing a proposed class-action lawsuit as it prepares to shut down operations. The complaint alleges that BitMEX deliberately designed its platform to retain customer collateral rather than return it. Plaintiffs also claim that an internal trading desk at the exchange accessed private user data during server freeze events. The lawsuit raises serious concerns about the integrity of the platform's operations and its treatment of user funds.

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