United States of America: SEC lawsuit against Bittrex for allegedly operating an unregistered securities exchange, broker and clearing agency
Progress
Current status
in force
10 Aug 2023 in force
17 Apr 2023 under deliberation
Scope
Implementers
United States of America
Policy Area
Authorisation, registration and licensing
Policy Instrument
Business registration requirement
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Government Branch
executive
Government Body
central government
Implementation Level
national
Timeline of events
Reached settlement in SEC lawsuit against Bittrex for allegedly operating an unregistered securities exchange
On 10 August 2023, the US Securities and Exchange Commission (SEC) announced it reached a settlement with Bittrex regarding allegations of Bittrex operating an unregistered national securities exchange, broker, and clearing agency (as well as Bittre…
SourceEvent type
public lawsuit
Action type
ruling
Government branch
executive
Government body
central government
Announced SEC lawsuit against Bittrex for allegedly operating an unregistered securities exchange, broker and clearing agency
On 17 April 2023, the US Securities and Exchange Commission (SEC) charged Bittrex, a crypto asset trading platform, and its co-founder and former CEO for operating an unregistered national securities exchange, broker, and clearing agency. In additio…
SourceEvent type
public lawsuit
Action type
announcement
Government branch
executive
Government body
central government