Bittrex approved to borrow $7 million bankruptcy loan in bitcoin

Bankrupt cryptocurrency exchange Bittrex Inc received court permission Wednesday to borrow $7 million in bitcoin to fund the start of its Chapter 11 case. Seattle-based Bittrex filed for bankruptcy Monday, saying it intended to return customer funds and wind down its U.S. operations. The company's international affiliates will continue to operate crypto exchanges for customers outside of the U.S., but Bittrex said that the U.S. regulatory environment had become untenable after the SEC sued the

• 2023-05-11
• Bittrex Inc bankruptcy loan bankruptcy loans Bittrex

Bittrex’s U.S. crypto exchange unit files for bankruptcy following closure, SEC lawsuit

U.S. crypto exchange Bittrex Inc. has filed for bankruptcy just days after closing operations following an SEC lawsuit and citing unclear crypto laws.

• 2023-05-09
• bankruptcy filing Bittrex Chapter 11 bankruptcy cryptocurrency exchange unregistered securities

U.S. Crypto Exchange Bittrex Files for Bankruptcy in Delaware

Crypto exchange Bittrex has filed for bankruptcy in the U.S. state of Delaware, months after announcing it would wind down operations in the country and weeks after being sued by the Securities and Exchange Commission.

• 2023-05-09
• Bittrex Global Bittrex state of Delaware

Crypto exchange Bittrex files for bankruptcy after SEC complaint

(Reuters) -Crypto exchange Bittrex Inc filed for bankruptcy protection on Monday, three weeks after the U.S. Securities and Exchange Commission (SEC) accused it of operating an unregistered securities exchange. Bittrex ceased operations in the United States on April 30, and it said the bankruptcy filing would not impact Bittrex Global, which serves customers outside the United States. Bittrex said that it was still holding crypto assets of U.S. customers who did not withdraw funds before April

• 2023-05-09
• bankruptcy filing Bittrex Bittrex Global unregistered securities exchange U.S. Securities and Exchange Commission

SEC Sues Bittrex Crypto Exchange and Former CEO

Regulators allege the company listed assets that required it to register and follow investor-protection rules.

• 2023-04-17
• Bittrex Inc. Bittrex digital assets securities exchange Bittrex Global GmbH SEC FINANCIAL REGULATION

SEC Targets Bittrex, Fallen Giant of U.S. Crypto Exchanges

Bittrex, once ranked as the country’s biggest platform for trading digital assets, is leaving the U.S.

• 2023-04-16
• digital assets Bittrex enforcement action SEC David Maria Wells notice