Skip to content
EventSettled

British software engineer sues BitMEX for Bitcoin

1 reports1 sourcesupdated 4 days ago

Start here

AI digest

AI-assisted source synthesis · not an independent investigation.

On October 15, 2026, Cryptopolitan reported that British software engineer Lewis Barber had sued HDR Global Trading, the operator of BitMEX. Barber is seeking the return of 324.8 bitcoins; the body of the report estimated their value at approximately $27.2 million, while the headline summarized it as $27 million. Barber alleges that BitMEX was not approved by the UK Financial Conduct Authority (FCA) when providing derivatives trading services in the UK. The progress disclosed in the report so far is that the lawsuit has been filed; it did not specify the trial arrangements or the defendant's response.

AI-written from reports · updated 4 days ago

Timeline

Follow the reporting to see the different sides of the story.

Oct 15
  1. Cryptopolitan
    UK trader sues BitMEX, seeks return of $27M in Bitcoin, alleging it offered derivatives without a license

    UK software engineer Lewis Barber has sued BitMEX operator HDR Global Trading, seeking the return of 324.8 bitcoin (approximately $27.2 million), alleging that the platform offered derivatives in the UK without FCA approval.

Heat over time

Current heat 3·Peak over the comparable range 10 (Oct 15 03:00)·Change over the comparable range in the last 24 hours -51%

02.557.510Oct 1503:00Oct 1519:00Oct 1610:00Oct 1702:00

Trends compare only the same entities that were fully and continuously observed, so the range can be narrower than the current heat statistics. Move the pointer or tap the chart to read hourly heat; arrow keys work on a keyboard.