Market Analysis
Crypto Exchange Bittrex Files for Chapter 11 Bankruptcy
A month after announcing its departure from the US, and several weeks after getting targeted by the SEC, Bittrex has filed for Chapter 11 bankruptcy.
BTC$62,475.00+0.38%
ETH$1,663.26+0.83%
USDT$0.9987-0.02%
USDC$0.9997-0.01%
XRP$1.09-1.41%
SOL$69.08+0.63%
TRX$0.3312+0.66%
FIGR_HELOC$1.03-0.15%
HYPE$62.30+0.01%
DOGE$0.0786-0.38%
USDS$0.9995-0.02%
RAIN$0.0159+0.82%
LEO$9.52-0.54%
ZEC$412.83-1.59%
XLM$0.1907-0.36%
BTC$62,475.00+0.38%
ETH$1,663.26+0.83%
USDT$0.9987-0.02%
USDC$0.9997-0.01%
XRP$1.09-1.41%
SOL$69.08+0.63%
TRX$0.3312+0.66%
FIGR_HELOC$1.03-0.15%
HYPE$62.30+0.01%
DOGE$0.0786-0.38%
USDS$0.9995-0.02%
RAIN$0.0159+0.82%
LEO$9.52-0.54%
ZEC$412.83-1.59%
XLM$0.1907-0.36%
Bittrex departed the US market earlier this year due to mounting pressures from the SEC and other regulators.
A month after announcing its departure from the US, and several weeks after getting targeted by the SEC, Bittrex has filed for Chapter 11 bankruptcy.
Several hours after becoming the target of an SEC action, Bittrex stated it was disappointed with the development and added it had, despite the allegations, never…
The SEC Chair Gary Gensler says crypto market needs more regulatory compliance.
Bittrex is planning to end its US operations by the end of April. Users’ funds are said to be safe and available for withdrawal.