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Bittrex

SEC Charges Crypto Platform Bittrex For Operating Unregistered Exchange

The U.S. Securities and Exchange Commission (SEC) posted a press release “SEC Charges Crypto Asset Trading Platform Bittrex and its Former CEO for Operating an Unregistered Exchange, Broker, and Clearing Agency” From the press release: “The Securities and Exchange Commission today charged crypto asset trading platform Bittrex, Inc., and its co-founder and former CEO William Shihara for operating an unregistered

JenThorpe

U.S. Department of Treasury Took Actions Against Bittrex

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) and Financial Crimes Enforcement Network (FinCEN) announced settlements for over $24 million and $29 million, respectively, with Bittrex, Inc. (Bittrex), a virtual currency exchange based in Bellevue, Washington. This is OFAC’s largest virtual currency enforcement action to date. It also represents the first parallel enforcement actions by FinCEN

JenThorpe