Exposure
LMAX is a liquidity provider of a broker I was trading with.
This particular broker accepts crypto, so I deposited crypto. The strategy didn't go well, so I asked my broker to withdraw. This broker requested the funds from LMAX, but now LMAX is questioning wether the funds belog to me or not.
It is not the brokers fault, it is LMAX's fault.
I have all the proof that the funds belong to me, and I have also approached LMAX directly. I never got a reply from them, they are just simply withelding my funds, and me or the broker cannot do anything about it.
So if you are a broker, don't ever work with LMAX, otherwise, you and your customers will soon be in trouble.
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