Bittrex May Still be Subject to Enforcement Action in Florida
The United States-based cryptocurrency exchange Bittrex, which filed for Chapter 11 bankruptcy protection in May, is being investigated by the Florida Office of Financial Regulation. Brandon Greenberg, assistant general counsel for the Florida Office of Financial Regulation (OFR), stated in a document filed on July 5 with the U.S. Bankruptcy Court for the District of […]
Bittrex U.S. to Allow Withdrawals After Court Ruling
The U.S. arm of crypto exchange Bittrex is set to open for customer withdrawals Thursday following a ruling by a Delaware bankruptcy court. After receiving a lawsuit from the SEC for running an unregistered securities exchange, the exchange filed for Chapter 11 bankruptcy in May. On May 8, Bittrex filed for Chapter 11 bankruptcy protection […]
Bittrex reportedly faces potential action from US SEC
Cryptocurrency exchange Bittrex is reportedly facing potential action from the U.S. securities regulator despite its plans to cease local operations in the country. The enforcement division of the U.S. Securities and Exchange Commission (SEC) is inclined to recommend the agency sue Bittrex for alleged investor protection violations, according to an April 16 report by The […]
Bittrex Global CEO says Dubai will benefit from expanding crypto market
A report by the CEO of the cryptocurrency exchange Bittrex Global claims that the United Arab Emirates (UAE) and Dubai are among the most welcoming jurisdictions for the cryptocurrency business. According to Bittrex Global CEO Stephen Stonberg, who spoke with Bloomberg on August 29, the growing cryptocurrency sector in the Middle East will help Dubai […]