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Bittrex withdrawals set to resume after bankruptcy court gives green light

Cryptocurrency trading platform Bittrex is expected to resume customer withdrawals on June 15 following an order from a judge in the United States Bankruptcy Court for the District of Delaware. The decision does not settle the question of the subordination of U.S. government claims, which had led to objections against

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Institutional crypto broker FPG halts withdrawals after $20M cyberattack

Cryptocurrency brokerage firm Floating Point Group (FPG) has confirmed it has halted trading, withdrawals and deposits on its platform after falling victim to a cyberattack on June 11. FPG estimates the attack resulted in a total loss of between $15 million and $20 million.According to a June 15 tweet from

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South Korean Bitcoin lending platform Delio pauses withdrawals

Delio, a virtual asset manager and lending platform based in South Korea, has announced the temporary suspension of customer withdrawals “in order to safely protect the assets of customers currently in custody.”The company made the decision in response to the recent suspension of digital asset deposits and withdrawals at Haru

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Bittrex U.S. to Allow Withdrawals Starting Thursday After Crypto Exchange Wins Bankruptcy Court Ruling

In his Tuesday ruling, Judge Brendan Shannon authorized Bittrex U.S. and its affiliates “to permit their customers holding undisputed, noncontingent, and liquidated claims to withdraw cryptocurrency assets and fiat currency from the Debtors’ trading platform to the extent of such claims.” Source

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