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BitMEX faces £20 million claim, accused of offering derivatives to UK users without authorization.

PANews October 14 news, according to The Guardian, a former investor on the BitMEX platform, Lewis Barber, has filed a lawsuit with the UK High Court, seeking 20 million pounds in damages, accusing the exchange of offering cryptocurrency derivatives to UK investors without authorization from the UK Financial Conduct Authority (FCA). Barber claims that between 2018 and 2022 he traded derivatives offered by BitMEX and thereby lost Bitcoin worth approximately 20 million pounds, and is now demanding the return of the relevant Bitcoin or equivalent compensation.

BitMEX faces £20 million claim, accused of offering derivatives to UK users without authorization.

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