Crypto exchange Bittrex said on Monday it filed for Chapter 11 bankruptcy in federal court in Delaware, less than a month after the Securities and Exchange Commission accused the firm of operating as a stock exchange, broker and agency. compensation without registering with the agency. Bittrex ceased all its US operations effective April 30, according to a statement. Bittrex Global will continue its operations targeting clients outside of the US, according to the company.
-Frances Yue
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05-08-23 1822ET
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