unregistered exchange – DIGIT INFO

SEC seeks dismissal of Kraken defenses in ongoing legal dispute

DIGIT — Thu, 07 Nov 2024 13:01:49 +0000

The SEC argued that Kraken’s defenses about the major questions doctrine are a “due process fail as a matter of the law.”

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Crypto Exchange Bittrex Enters Chapter 11 Bankruptcy Protection Following SEC Lawsuit

DIGIT — Tue, 09 May 2023 01:19:56 +0000

Bittrex Inc., the U.S.-based cryptocurrency exchange, has filed for Chapter 11 bankruptcy protection in Delaware after being sued by the U.S. Securities and Exchange Commission for failing to register with the regulator. The exchange reportedly has over 100,000 creditors and liabilities ranging from $500 million to $1 billion. Bittrex Bankruptcy Filing Reveals Over 100,000 Creditors […]

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SEC Charges Crypto Exchange Bittrex With Operating Unregistered Exchange, Broker, and Clearing Agency

DIGIT — Mon, 17 Apr 2023 15:51:58 +0000

After the report revealing that the cryptocurrency exchange Bittrex had received a Wells Notice from the U.S. Securities and Exchange Commission (SEC), the securities regulator charged Bittrex and the company’s CEO on April 17 for “operating an unregistered exchange, broker, and clearing agency.” Following the Wells Notice, SEC Charges Bittrex for Violating Federal Laws On […]

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SEC Fines Poloniex $10 Million for Operating Unregistered Cryptocurrency Exchange

DIGIT — Mon, 09 Aug 2021 17:00:53 +0000

The U.S. Securities and Exchange Commission (SEC) has charged Poloniex with operating an unregistered cryptocurrency exchange. Poloniex has agreed to a cease-and-desist order and to pay $10.34 million. SEC Hits Poloniex With Cease-and-Desist Order, Penalties The SEC announced Monday that “Poloniex LLC has agreed to pay more than $10 million to settle charges for operating […]

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