Call us now:
A further example where the SEC is moving ahead and charging crypto asset trading platforms. In this instance charging Bittrex Inc and its co founder and former CEO, for in the view of the SEC operating an unregistered securities exchange, broker and clearing agency. Alleging that Bittrex and its former CEO coordinated with issuers who sought to have their crypto asset made available for trading on Bittrex’s platform to first delete from public channels certain problematic statements that would lead a regulator, to investigate the exchange.
It has also charged the Lichtenstein based Bittrex Global GmbH for for Failing to Register as a National Securities Exchange. Demonstrating that it will reach globally to pursue regulatory compliance.
Ted Dziekanowski
#crypto #cryptocurrency #securitiesandexchangecommission
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