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US Opposes Crypto Exchange Bittrex’s Customer Repayment Plan
The United States has objected to a proposal by cryptocurrency exchange Bittrex to return customer cash and cryptocurrency as part of a process to window its operations in the country. Bittrex’s US arm filed for bankruptcy protection in May weeks after exiting the country over regulatory challenges.In the same month, the cryptocurrency exchange sought permission from the bankruptcy court in Delaware to pay its customers their crypto holdings in line with terms agreed with customers and to avoid...
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Posted: Jun 8 2023, 17:56
Author Name: financemagnates
Views: 081246