Cryptocurrency exchange founded by Reform donor Ben Delo sued for £20m
by Daniel Boffey Chief reporter from World news | The Guardian on (#791H5)
Former investor alleges BitMEX sold products in UK despite not being regulated by Financial Conduct Authority
A cryptocurrency exchange founded by the billionaire Reform UK donor Ben Delo is being sued for 20m over claims that the company mis-sold financial products in the UK.
Lewis Barber, who is a software engineer, alleges that BitMEX offered crypto derivative products to investors in the UK, despite not being regulated or approved to do so by the Financial Conduct Authority (FCA).
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