BitMEX officially ended exchange operations after more than 11 years, while withdrawals remain open to allow users to recover their funds. The platform no longer allows trading or deposits, but users can still log in and withdraw remaining balances through the website. HDR Global Trading Limited, the owner and operator of BitMEX, decided to close the platform after a strategic review, specifying that the closure was not linked to legal or regulatory issues. The shutdown comes days after the Celsius bankruptcy estate sued five BitMEX-linked companies for fraud and market manipulation, seeking nearly 490 million dollars in Bitcoin.
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