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Zenger
Zenger
Khyathi Dalal

UNCOVERED: Bittrex granted approval for bankruptcy plan shuts down u s operations - The Untold Story

Unlike the recent crypto firms declaring bankruptcy, Bittrex was different in two ways one being it voluntarily chose to shut down its U.S. operations and the other being it never restricted customer access to accounts and neither faced funding shortfall. PHOTO BY PIERRE BORTHIRY/UNSPLASH

Unlike the recent crypto firms declaring bankruptcy, Bittrex was different in two ways one being it voluntarily chose to shut down its U.S. operations and the other being it never restricted customer access to accounts and neither faced funding shortfall.

Seattle-based defunct crypto exchange operator, Bittrex has been granted approval, by a Delaware court by Judge Brendan Shannon, for its revised bankruptcy and liquidation plan to repay its remaining creditors and close its U.S. operations, based on a court filing. However, it will continue to operate its global operations as Bittrex Global.

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