District Judge Andrew Carter said Benjamin Delo “was central” to an alleged scheme to use customer information to manipulate prices on the exchange.
Crypto exchange BitMEX co-founder Ben Delo is set to face a class-action lawsuit from exchange users after a United States federal judge determined he was key to an alleged price manipulation plot.
Delo, a British citizen, had asked to dismiss the suit last May, claiming U.S. courts have no jurisdiction over him — but New York District Court Judge Andrew Carter shot that down in an order signed on April 3 and published on April 8.
“Plaintiffs have sufficiently alleged that Delo has purposely availed himself of the benefits of the forum — the United States,” Judge Carter wrote.
