Crypto collapse: FTX’s fall is one piece of a long, cold, contagious crypto winter
See all Stories
E
The crypto exchange Bittrex has reached a settlement with the SEC.
The bankrupt exchange agreed to pay a fine of $24 million to settle the SEC’s charges that it operated as an unregistered national securities exchange, broker, and clearing agency.
The SEC also alleged that Bittrex attempted to get rid of “problematic” public statements that suggested the exchange sold securities:
For years, Bittrex worked with token issuers to ‘scrub’ their online statements of any indicia that they were investment contracts — all in an effort to evade the federal securities laws. They failed.
Follow topics and authors from this story to see more like this in your personalized homepage feed and to receive email updates.
Loading comments
Getting the conversation ready...
Most Popular
Most Popular
- Tesla driver using Full Self-Driving struck and killed a man crossing I-80
- Trump says Sundar Pichai talked him out of renaming the Atlantic Ocean
- The iPhone Duo is a messy, expensive, good time
- Now Google says it might use your Gmail and Google Photos data to target ads
- Bill Gates says to prepare for 20 years of ‘tumultuous’ AI disruption
