Cryptocurrency exchange Bittrex Inc. filed for bankruptcy, writes Reuters. This comes three weeks after the accusations by the US authorities of unregistered activities such as foreign exchange, brokerage and clearing.
Bittrex Global, which serves clients outside of the US, said the shutdown of the US exchange would not affect the global company.
As for US customer assets, they are still being held on site under “safety and security,” the company notes. The platform intends to apply to the bankruptcy court to restrict the opening of accounts so that the cryptocurrency can be transferred to clients.
Bittrex is ranked 62nd in CoinMarketCap’s ranking of the best cryptocurrency exchanges. In April, the US Securities and Exchange Commission charged the company, as well as its former CEO, with selling crypto assets as securities.
Earlier, the US Department of Justice launched an investigation into the largest cryptocurrency exchange, Binance. The company is suspected of helping to circumvent sanctions against Russia.
Author:
Natalia Gormaleva
Source: RB
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