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TheBlock 2019-12-09 20:39:17

Early BitMEX investor sues crypto exchange for allegedly denying him $50M worth of equity

Quick TakeAn angel investor said he gave BitMEX $30,000 in 2015 as one of the first angel investors in the company when nobody believed in itNow, the investor has sued the exchange for defrauding him of his presumably $50 million worth of equity sharesBitMEX CEO Arthur Hayes allegedly promised the investor to convert his investment into equity holding, but the conversion never happened 

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