Investment
Features
FeesSafety
Academy
More
Pluang+

UK engineer sues BitMEX for return of 324.8 BTC over unauthorized UK trading claims

Market News
14 Oct 2026
Decrypt
View Source
Bearish
UK engineer sues BitMEX for return of 324.8 BTC over unauthorized UK trading claims

Lewis Barber, a UK software engineer, is suing BitMEX's operator in London for the return of 324.8 BTC, worth about £20.4 million, alleging the exchange traded with him without UK regulatory approval. Barber claims BitMEX conducted unauthorized regulated activities in the UK and misled users by allowing UK access and running promotions despite FCA warnings. This case could represent hundreds of millions of pounds in similar claims from other UK traders. BitMEX shut down in September 2025 amid legal troubles, including previous fines and co-founder guilty pleas for regulatory violations.

BitMEX's legal challenge involves a claim for 324.8 BTC worth about £20.4 million. For readers following the cryptocurrency market, here is Pluang's market snapshot as of Oct 14, 2026 16:31 WIB: out of 50 major cryptocurrencies, 13 rose and 36 fell today. Notable movers include CAKE at Rp42.684 (+4.31%), DOT at Rp20.361 (-4.26%), and KSM at Rp82.978 (-3.24%).

More News

Global centrifugal pump market to reach $58.6B by 2033, driven by smart, energy-efficient tech and infrastructure growth

Global centrifugal pump market to reach $58.6B by 2033, driven by smart, energy-efficient tech and infrastructure growth

The global centrifugal pump market is forecasted to grow from $42.8 billion in 2026 to $58.6 billion by 2033, at a CAGR of 4.6%. Growth is fueled by industrialization, infrastructure projects, and rising demand for efficient fluid handling in sectors...

Market News
Bullish
1 hour ago
Global diaphragm pump market to grow to $11.9B by 2033 with 5.6% CAGR driven by tech and industrial demand

Global diaphragm pump market to grow to $11.9B by 2033 with 5.6% CAGR driven by tech and industrial demand

The global diaphragm pump market is projected to grow from USD 8.1 billion in 2026 to USD 11.9 billion by 2033, at a CAGR of 5.6%. Growth is fueled by technological advancements, industrial expansion, and rising demand for efficient fluid handling in...

Market News
Bullish
1 hour ago
Global solar pumps market to grow to $3.4B by 2033 driven by agriculture and clean energy policies

Global solar pumps market to grow to $3.4B by 2033 driven by agriculture and clean energy policies

The global solar pumps market is projected to expand from $2.5 billion in 2026 to $3.4 billion by 2033, growing at a CAGR of 4.4%. Growth is fueled by rising demand for cost-effective irrigation, stronger environmental regulations, and government sub...

Market News
Bullish
1 hour ago
Cyber warfare market to nearly double to $28.75B by 2031, driven by AI and space security advances

Cyber warfare market to nearly double to $28.75B by 2031, driven by AI and space security advances

The global cyber warfare market is forecasted to grow from $14.99 billion in 2026 to $28.75 billion by 2031, at a CAGR of 14.1%. This growth is fueled by rising cyber threats targeting military and critical infrastructure, increased defense spending ...

Market News
Bullish
1 hour ago
Global Battery Energy Storage System market to reach $170.1B by 2033, driven by renewables and tech advances

Global Battery Energy Storage System market to reach $170.1B by 2033, driven by renewables and tech advances

The global Battery Energy Storage System (BESS) market is forecasted to grow from $74.6 billion in 2026 to $170.1 billion by 2033, at a CAGR of 12.5%. This growth is fueled by increasing renewable energy integration, grid modernization, transportatio...

Market News
Bullish
1 hour ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App