Bitrex exchange

Bittrex is the next cryptocurrency exchange that has been targeted by them and as per SEC, there is a violation of federal rules. The bittrex exchange announced the US exit because of the regulatory environment which is not easy for such companies to survive. Before the exit, they have been targeted by the sea and now they are questioned on various things related to their operations. This is not the first crypto company dealing with SEC and because of this type of regulatory environment, many exchanges might take an exit from the United States.

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Its hard to say if the Bittrex exchange has followed the government norms or not but now since SEC has charged them so they must have some evidence in place. Coinbase was also charged by them but it did not affect their operation and its working as usual.

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