top of page
Search

Breaking News: Bittrex, one of the largest cryptocurrency exchanges, filed for bankruptcy protection

Writer's picture: Mark StanleyMark Stanley

Breaking News: Bittrex, one of the largest cryptocurrency exchanges, filed for bankruptcy protection
Breaking News: Bittrex, one of the largest cryptocurrency exchanges, filed for bankruptcy protection

Breaking News: Bittrex, one of the largest cryptocurrency exchanges, has filed for bankruptcy protection following a lawsuit by the SEC. The exchange's US operations have ceased, while non-US operations remain unaffected. Bittrex's assets and liabilities were estimated to be between $500m and $1bn.




Despite the bankruptcy filing, Bittrex intends to distribute crypto assets still held for US customers who did not withdraw funds before April 30, and assures customers that their assets are safe and secure.


The SEC lawsuit alleged that former CEO William Shihara encouraged crypto asset issuers seeking to make their tokens available on the platform to delete public statements that could lead regulators to investigate those token offerings as securities. Bittrex has denied the allegations, stating that the crypto assets on its platform were not securities or investment contracts.


Bittrex is the latest crypto entity to file for bankruptcy, joining fellow exchange FTX and a host of lenders like Celsius, Voyager and BlockFi.


This news marks the latest development in a challenging year for many crypto companies, who have struggled with falling asset prices and regulatory scrutiny. Stay tuned for updates.


If you have a crypto fraud case or online fraud case, contact us to help you in intelligence gathering.



Commentaires


Join Our Newsletter

Thanks for submitting!

S-GE Membership Swiss Security Solutions.png

Blockchain Investigation Agency

Swiss Security Solutions LLC

Schaffhauserstrasse 550.

CH-8050 Zürich

Switzerland

 

Tel. +41 44 586 60 33 (24h)

Customer Care Number

Book an Appointment or Call

​

 

​

Beware of Scams and Fraud:

We are never calling you first, because any kind of calls and emails without your consent are against Swiss ePrivacy RegulationsWe do not use Telegram as a contact solution for our customers. Our customers contact us first with Online Form or CallFor Email Communication, to prevent Online Fraud and Crypto Scams, we are using only corporate domain emails of our company Swiss Security Solutions LLC. This domain www.blockchain-investigation-agency.com has no email accounts.

​

For payments, we use only corporate bank account at one of the major Swiss banks, which is in top 32 banks in the World. We also use credit card payment services connected with the same bank. The Invoices are produced only by our company Swiss Security Solutions LLC.  We have no company Crypto Wallets & NFT Wallets or eWallets.

Blockchain Investigation Agency in Zürich, Switzerland
  • Blockchain Investigation Agency on the Map
  • LinkedIn - Blockchain Investigation Agency - Swiss Security Solutions
  • Twitter Blockchain Investigation Agency
  • Facebook - Blockchain Investigation Agency - Swiss Security Solutions
  • TikTok Video Blockchain Investigation Agency
FBC-Social-Square.png
ITC-Signature-SM-3-Generic.png

© 2025 by Blockchain Investigative Agency™

​

Share capital: 100 000.- CHF  Corporate Liability: 10 000 000.- CHF

bottom of page