SEC Opposes Bittrex Admin’s Request to Overturn Crypto Judgment

The Securities and Exchange Commission is opposing the Bittrex bankruptcy administrator’s request to overturn a judgment it accepted less than three years ago, teeing up a dispute over the regulator’s position on cryptocurrency.

The plan administrator handling the bankrupt exchange’s Chapter 11 case failed to demonstrate any significant change in circumstances that would render the final judgment in an SEC action inequitable, the agency said in a Wednesday filing in the US District Court for the Western District of Washington.

“Injunctions prohibiting future violations of specified provisions of the federal securities laws remain lawful,” the SEC said. “And any hardship ...