BitMEX Co-Founder’s ‘God Access’ Trading Desk Under Legal Scrutiny: Judge Orders Suit to Proceed
Wilmington, Delaware – The co-founder of cryptocurrency exchange BitMEX, Arthur Hayes, has been ordered by a judge to defend himself in a lawsuit over allegations of facilitating illicit trading activities. The lawsuit accuses Hayes and his colleagues of creating a “God Access” trading desk that provided unfair advantage to certain users. The ruling comes after a federal judge in Delaware denied Hayes’ motion to dismiss the case. The judge stated that the plaintiffs had presented sufficient evidence to move forward with their claims. The lawsuit was filed by BMA LLC, a former client of BitMEX, … Read more