Bittrex Seeks Bankruptcy After Shuttering US Crypto Platform (1)

Bittrex Inc. and several affiliates went bankrupt on Monday after its US operations were shut down at the end of April in response to a regulatory crackdown.

The bankruptcy, which the company said doesn’t impact its non-US operations, comes less than a month after the US Securities and Exchange Commission accused the crypto platform of having flouted securities rules for years.

Bittrex Global will continue operating as normal for customers outside the US, the company said in a statement. For users who didn’t withdraw their assets before the shutdown, Bittrex intends “to ask the court to activate those accounts ...