Bitcoin News reported on X platform that Lewis Barber has filed a lawsuit against BitMEX operator HDR Global Trading in the London Commercial Court, claiming 324.8 BTC, approximately $27.2 million. The lawsuit involves 1,053 loss-making perpetual contract trades from 2018 to 2022, asserting that HDR Global Trading was not authorized by the UK Financial Conduct Authority (FCA) to provide derivatives services in the UK, and therefore, the related trades should not be enforceable. BitMEX stated that it has submitted the lawsuit, but it has not yet been served; the exchange closed in September.
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Lewis Barber Sues BitMEX Operator HDR Global Trading for 324.8 BTC Claim Worth Approximately $27.2 Million
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