# Celsius Sues BitMEX Over $500M Bitcoin Liquidations | Bitcoin and Crypto News

Page: https://stenobird.com/podcast/bitcoin-crypto-news-today-2-min-news-the-daily-news-now-7492376/celsius-sues-bitmex-over-500m-bitcoin-liquidations-bitcoin-and-crypto-news
Text version: https://stenobird.com/podcast/bitcoin-crypto-news-today-2-min-news-the-daily-news-now-7492376/celsius-sues-bitmex-over-500m-bitcoin-liquidations-bitcoin-and-crypto-news.md
Podcast: [Crypto News Today | 2 Min News | The Daily News Now!](https://stenobird.com/podcast/bitcoin-crypto-news-today-2-min-news-the-daily-news-now-7492376)
Published: 2026-09-17T01:01:29+00:00
Episode link: https://sources.thednn.ai/8cdec5a032bf980a
Audio file: https://api.fastcast.ai/audio/64fa2480-82b8-48f6-986e-54cd087bef0f.mp3
Processing state: not_requested
JSON: https://stenobird.com/v1/public/podcasts/bitcoin-crypto-news-today-2-min-news-the-daily-news-now-7492376/episodes/celsius-sues-bitmex-over-500m-bitcoin-liquidations-bitcoin-and-crypto-news
Duration seconds: 106

## Resource

Celsius’s bankruptcy estate is launching a major legal strike against five BitMEX entities, accusing them of fraud and market manipulation tied to forced Bitcoin liquidations during the 2020 crypto crash — allegedly triggering the loss of 6,360 BTC, now worth nearly $500 million. The suit also includes claims from investment fund JST, alleging BitMEX controlled both the liquidation system and the insurance fund that profited from it. While still just allegations, this move adds fuel to Celsius’s controversial history as a “low-risk” platform before its 2022 collapse — and comes with urgency: BitMEX announced its shutdown for September 23, giving Celsius’s team only 11 days to act. This is the second lawsuit BitMEX has faced since announcing wind-down, making this legal showdown one of the most consequential in crypto’s turbulent landscape. Listen in comfort: Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN: advertise@thednn.ai This is an automated, high-level news summary based on public reporting. Sources: https://www.coindesk.com/business/2026/09/16/celsius-sues-bitmex-for-usd495-million-over-2020-crash-liquidations More coverage & latest updates: https://sources.thednn.ai/8cdec5a032bf980a Report issues to feedback@thednn.ai.

## Actions

- request_transcript: `POST https://stenobird.com/v1/public/podcasts/bitcoin-crypto-news-today-2-min-news-the-daily-news-now-7492376/episodes/celsius-sues-bitmex-over-500m-bitcoin-liquidations-bitcoin-and-crypto-news/transcription-requests` — Idempotently request low-priority transcript generation for this episode.
- read_markdown: `GET https://stenobird.com/podcast/bitcoin-crypto-news-today-2-min-news-the-daily-news-now-7492376/celsius-sues-bitmex-over-500m-bitcoin-liquidations-bitcoin-and-crypto-news.md` — Read the agent-friendly Markdown representation of this episode resource.

A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed.

## Transcript

Full transcripts are not published on public pages unless there is a clear rights basis.