Crypto exchange Bittrex files for bankruptcy, weeks after SEC complaint

Crypto exchange Bittrex said on Monday that it has filed Chapter 11 bankruptcy in federal court in Delaware, less than a month after the Securities and Exchange Commission charged the company with operating as a securities exchange, broker, and clearing agency without registering with the agency. Bittrex ceased all operations in the U.S. effective April 30, according to a statement. Bittrex Global will continue its operations targeting customers outside of the U.S., according to the company. 

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