The team of the Bittrex Global cryptocurrency exchange announced unpleasant news for its users – from Monday, December 4, 2023, all trading activity on Bittrex Global will be stopped.
The decision comes after Bittrex Global faced regulatory challenges that hampered the cryptocurrency exchange’s operations and led to the cessation of US operations earlier this year. In March this year, Bittrex shuttered its US crypto exchange operation because it was no longer economically viable after suing and settling with the US Securities and Exchange Commission (SEC) for $29 million over alleged violations of securities laws.
“The team of the Bittrex Global cryptocurrency exchange announced unpleasant news for its users – from Monday, December 4, 2023, all trading activity on Bittrex Global will be stopped. is with great regret that we announce that Bittrex Global has decided to cease operations,” the company posted on social media X. “Effective Monday, December 4, 2023, all trading activity on Bittrex Global will cease. All our clients are strongly advised to log into their account and withdraw assets as soon as possible.”
The company also assured that all funds and tokens remain secure on the global Bittrex platform and are available for withdrawal.
