Bittrex and Former CEO to settle SEC Charges for Operating an Unregistered Exchange, Broker, and Clearing Agency for 24m USD

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Bittrex and Former CEO to settle SEC Charges for Operating an Unregistered Exchange, Broker, and Clearing Agency for 24m USD

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Bittrex agrees to pay 24m to settle SEC charges for Operating an Unregistered Exchange, Broker, and Clearing Agency
The Securities and Exchange Commission today announced that crypto asset trading platform Bittrex Inc. agreed to settle charges that they operated an unregistered national securities exchange, broker, and clearing agency
SEC alleged that Bittrex directed issuers who sought to have their crypto assets made available for trading on Bittrex’s platform to delete from public channels certain “problematic statements” that were believed to lead a regulator to investigate whether the crypto asset was offered and sold as a security. As part of the settlement, the defendants neither admitted nor denied the SEC’s allegations

Date

08

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10

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2023

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12

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Bittrex agrees to pay 24m to settle SEC charges for Operating an Unregistered Exchange, Broker, and Clearing Agency
The Securities and Exchange Commission today announced that crypto asset trading platform Bittrex Inc. agreed to settle charges that they operated an unregistered national securities exchange, broker, and clearing agency
SEC alleged that Bittrex directed issuers who sought to have their crypto assets made available for trading on Bittrex’s platform to delete from public channels certain “problematic statements” that were believed to lead a regulator to investigate whether the crypto asset was offered and sold as a security. As part of the settlement, the defendants neither admitted nor denied the SEC’s allegations

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Crypto Asset Trading Platform Bittrex and Former CEO to Settle SEC Charges for Operating an Unregistered Exchange, Broker, and Clearing Agency

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