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According to the Wall Street Journal, the US Securities and Exchange Commission (SEC) has notified cryptocurrency exchange Bittrex of a possible forced termination for failing to register with the agency.
Source: https://www.forexlive.com/Education/the-crypto-market-is-quickly-finding-its-feet-20230418/
Cryptocurrency exchange Bittrex filed for bankruptcy after ceasing operations in the US due to regulatory pressure.
Source: https://www.forexlive.com/Education/bitcoin-lurks-at-a-local-bottom-20230510/
The Securities and Exchange Commission’s enforcement staff told Bittrex in March it would recommend that the agency sue the company over alleged violations of investor-protection laws, according to David Maria, the company’s general counsel.
Source: https://www.wsj.com/articles/sec-targets-bittrex-fallen-giant-of-u-s-crypto-exchanges-4bd615b6