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SEC Fines Bittrex $24M in Settlement for Unregistered Securities Charges

The bankrupt cryptocurrency exchange Bittrex has agreed to pay the Securities and Exchange Commission (SEC) USD $24 million in fines. The settlement is related to allegations that the cryptocurrency exchange offered unregistered securities to investors in the US.According to the regulator, Bittrex operated as a securities exchange, broker, and clearinghouse without obtaining proper registration. Of the sum Bittrex will pay the regulator, USD $14.4 million constitutes disgorgement, with an additi... Read More

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Content Topics

Fines

Bittrex

24m

Settlement

Unregistered

Securities

Charges

Forex

Posted: Aug 11 2023, 10:55

Author Name: financemagnates

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