The SEC alleges that Bittrex earned $1.3 billion in revenue from transaction fees from crypto assets that were “offered and sold as securities”. - cryptocurrencynews bittrex
The U.S. Securities and Exchange Commission charged Bittrex and former CEO, William Shihara, with “operating an unregistered national securities exchange, broker, and clearing agency” The SEC alleges that BITTrex earned $1.
3 billion in revenue from transaction fees from crypto assets that were “offered and sold as securities” This lawsuit comes a few weeks after BittRex announced they would be closing down operations in the United States due to “continual regulatory uncertainty”
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