09-05-2023 03:25 via news.slashdot.org

US Crypto Exchange Bittrex Files For Bankruptcy

According to CoinDesk, crypto exchange Bittrex has filed for bankruptcy in the U.S. state of Delaware, "months after announcing it would wind down operations in the country and weeks after being sued by the Securities and Exchange Commission (SEC)." From the report: The exchange believes it has more than 100,000 creditors, with estimated liabilities and assets both within the $500 million to $1 billion range, according to a court filing shared by Randall Reese of Chapter 11 Dockets, a bankruptcy
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