US crypto exchange Bittrex files for bankruptcy, weeks after an SEC lawsuit; filing: Bittrex estimates both its liabilities and assets are between $500M and $1B
CoinDesk Nikhilesh De
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Discussion
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@zclassiccoin
@zclassiccoin
on x
Zclassic: 1 Bittrex: 0 https://twitter.com/...
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@followtheh
Tom Hearden
on x
Pour one out https://twitter.com/...
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@bashmohandes
Mohamed Elsherif
on x
Another one bites the dust 🎶🎵🎶 https://twitter.com/...
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@bitfinexed
@bitfinexed
on x
Virtually every crypto exchange will have no choice but to file bankruptcy as enforcement procedures accelerate against them. Crypto exchanges lose money hand over fist. They function as a way for insiders to steal money from retail suckers. https://www.coindesk.com/...
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@johnedeaton1
John E Deaton
on x
Think of all the investors @GaryGensler just protected. He will go down as quite possibly the worst SEC Chairman in history. It's not even that difficult to come up with a regulatory scheme that would offer more protection to investors than exists today, and foster innovation. ht…