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Trading on the platform will stop Dec. 4, and the company urged customers to complete "all necessary transactions" by then, after which only withdrawals will be available. The exchange, which is regulated in Lichtenstein and Bermuda, did not give a reason for the decision. Source
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Bittrex stated that the decision to cease operations was not taken lightly, acknowledging the inconvenience this may cause to its customers. Bittrex Global, one of the largest cryptocurrency exchanges in the United States before 2021, unexpectedly announced that it will cease all operations starting Monday, December 4, 2023. According to Bittrex Global’s
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Bittrex Global is set to cease its trading operations globally on Dec. 4, following its U.S. arm’s legal settlement with the SEC and an ongoing complex regulatory landscape. Bittrex Global has announced the closure of its global operations. The announcement comes shortly after the shutdown of company’s U.S. arm, which faced
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Liechtenstein-headquartered cryptocurrency exchange Bittrex Global has announced it plans to wind down operations starting with the suspension of trading activity on Dec. 4.In a Nov. 20 update published to its website, Bittrex Global said all users with U.S. dollar holdings needed to convert their funds to Euros or cryptocurrency before
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The U.S. Secret Service kept millions on the exchange, company lawyers told a bankruptcy court – but other creditors have been strangely reluctant to ask for their funds back. Original Source
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Digital assets exchange, Bittrex, alongside its former CEO William Shihara, has reached a $24 million agreement with the US SEC amid registration issues. The SEC lodged its complaint in the US District Court for the Western
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Another crypto firm, Bittrex, bites the dust in the SEC’s continued clampdown on major players in the crypto industry amidst regulatory uncertainty.
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"Defendants agree that, as to Bittrex, the terms of the settlement reflected in this Consent and in the Judgment are subject to approval by the Bankruptcy Court in the Bankruptcy Case and shall be treated as an allowed, unsecured claim under the terms of any Plan filed by Bittrex in
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The United States Securities and Exchange Commission (SEC) has announced an agreement with crypto trading platform Bittrex and co-founder and former CEO William Shihara for operating an unregistered exchange.In an Aug. 10 notice, the SEC said Bittrex and Bittrex Global agreed to pay $14.4 million in disgorgement, $4 million in
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The Florida Office of Financial Regulation is considering action against United States-based cryptocurrency exchange Bittrex, which filed for Chapter 11 bankruptcy protection in May.In a July 5 filing with the U.S. Bankruptcy Court for the District of Delaware, Florida Office of Financial Regulation (OFR) assistant general counsel Brandon Greenberg said
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