Bittrex Seeks Bankruptcy After Shuttering US Crypto Platform

  • Company says global operations unaffected by bankruptcy filing
  • SEC last month accused Bittrex of flouting regulations
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Bittrex Inc. and several affiliates went bankrupt on Monday after its US operations were shut down at the end of April in response to a regulatory crackdown.

The bankruptcy, which the company said doesn’t impact its non-US operations, comes less than a month after the US Securities and Exchange Commission accusedBloomberg Terminal the crypto platform of having flouted securities rules for years.