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
Referenced by
Bittrex and Former CEO to settle SEC Charges for Operating an Unregistered Exchange, Broker, and Clearing Agency for 24m USD
Crypto
News story
Crypto Asset Trading Platform Bittrex and Former CEO to Settle SEC Charges for Operating an Unregistered Exchange, Broker, and Clearing Agency
Crypto
Press release
The complaint further alleges that Bittrex and Shihara, who was the company’s CEO from 2014 to 2019, directed issuers who sought to have their crypto assets made available for trading on Bittrex’s platform to first delete from public channels certain “problematic statements” that Shihara believed would lead a regulator, such as the SEC, to investigate whether the crypto asset was offered and sold as a security. As part of the settlement, the defendants neither admit nor deny the SEC’s allegations.
Crypto
Quote