SEC files lawsuit against Bittrex for unregistered securities operations and token violations
TL;DR Summary
The US SEC has charged Bittrex and its co-founder and former CEO William Shihara for operating an unregistered national securities exchange, broker, and clearing agency. The SEC argued that six tokens traded on Bittrex are securities. Bittrex had already announced its intention of closing down US operations on April 30 due to the regulatory environment.
- SEC charges Bittrex with unregistered operations, calls six tokens securities Cointelegraph
- Crypto Exchange Bittrex Violated Federal Laws, SEC Charges in Lawsuit CoinDesk
- SEC Names ALGO, DASH, Other Tokens Securities in Bittrex Lawsuit Blockworks
- SEC Charges Bittrex, Former CEO for Operating Unregistered Securities Exchange Decrypt
- SEC Sues Bittrex Crypto Exchange and Former CEO The Wall Street Journal
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