liquidation | Coin14

BitMEX Users Seek 623 BTC in Liquidation Fraud Suit

BitMEX is facing a class action lawsuit accusing the crypto derivatives platform of fraudulently engineering customer liquidations to seize traders’ Bitcoin collateral. On Thursday, BKX Services Inc. and David Namdar filed the complaint in the US District Court for the Southern District of New York.… Read More

XRP slides toward $1.35 as liquidation wave signals weak support

4 months ago by Crypto InsightsCrypto

Sharp late-session selling and rising leverage suggest a bigger move is coming, with downside risk building.

Binance pins crypto’s worst-ever liquidation day on macro risks, not exchange failure

6 months ago by Crypto InsightsCrypto

Binance blamed the October 10 flash crash on a macro shock colliding with heavy leverage and evaporating liquidity, rather than any breakdown in its trading systems following speculative chatter on social media. In a report released Saturday, the exchange said global markets were already under… Read More