The main Bitcoin derivatives exchange, Bitmex, said yesterday, Tuesday, that the stoppage that occurred on the stock exchange as a result of a failure in the trading engine.
She explained that the platform was inaccessible for a while, and she returned to work online later.
<12 dir = "rtl" style = "text-align: justify;"> The company tweeted at 12:45 pm UTC, announcing that the Bitmix commercial engine is currently crashing. About 25 minutes after the initial announcement, Bitmix released an update claiming that all funds are safe, delayed requests will be rejected, and no liquidation will take place during the downtime.
Bitmix returned to the internet at around 13:30 UTC, initially only in cancel mode, which means that new requests cannot be placed at that time . At approximately 13:40, the exchange announced via its Telegram channel that trading had resumed.
The interruption occurred shortly after Bitmix was subject to a major lawsuit, filed by BMA LLC at the United States District Court for the Northern District of California on May 16. p>
Where the plaintiff accused the parent company of Bitmex, HDR Global Trading, and senior executives at the exchange - Arthur Hayes, Dello and Samuel Reid - of participating in several misdemeanors or Inciting them, which includes extortion, money laundering, wire fraud, and operating an unlicensed money transfer company.