Bittrex, a US-based crypto exchange, has announced that it is shutting down and will be disabling all trading activity as of December 4th, 2023. The company has urged all users to log in and withdraw their assets as soon as possible, as after this date only withdrawal of assets will be allowed. This closure follows the SEC charging the exchange for violating federal laws, and filing for Chapter 11 bankruptcy in May.
This news is undoubtedly difficult for those using Bittrex to trade cryptocurrency. The company has provided a timeline for the exchange’s final months and has reassured users that all funds and tokens remain safe and secure on the platform and available for withdrawal. #Bittrex #CryptoExchange #SEC #Bankruptcy
You can read more about this topic here: Watcher Guru: Bittrex Crypto Exchange Announces It Is Shutting Down