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News Explorer — SEC Charges Bittrex, Former CEO for Operating Unregistered Securities Exchange

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Apr 17, 3:54 pm

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SEC Charges Bittrex, Former CEO for Operating Unregistered Securities Exchange

The SEC has filed charges against Bittrex for failing to comply with securities law, taking in at least $1.3 billion in illicit revenue between 2017 and 2022. The lawsuit names Bittrex, Bittrex Global, and Bittrex co-founder and former CEO Bill Shihara, and the SEC has also named six tokens as examples of securities on Bittrex.

The SEC has filed charges against Bittrex for failing to comply with securities law, taking in at least $1.3 billion in illicit revenue between 2017 and 2022. The lawsuit names Bittrex, Bittrex Global, and Bittrex co-founder and former CEO Bill Shihara, and the SEC has also named six tokens as examples of securities on Bittrex.

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