SEC Says Bittrex and Former CEO Shihara to Settle Charges

Aug. 10, 2023, 8:48 PM UTC

Bittrex Inc. and its former CEO, William Shihara, have agreed to settle charges of operating an unregistered national securities exchange, broker, and clearing agency, according to a statement.

  • Foreign affiliate Bittrex Global GmbH also agreed to settle charges that it failed to register as a national securities exchange
  • Bittrex and Bittrex Global agreed to pay total penalties of $24 million.

To view the source of this information click here

To contact the reporter on this story:
Sunil Kesur in New York at skesur@bloomberg.net

To contact the editor responsible for this story:
Divya Balji at dbalji1@bloomberg.net

© 2023 Bloomberg L.P. All ...

Learn more about Bloomberg Law or Log In to keep reading:

See Breaking News in Context

Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.

Already a subscriber?

Log in to keep reading or access research tools and resources.