The USA Securities and Exchanges Fee (SEC) has taken motion towards yet one more crypto entity. This time round, crypto alternate – Bittrex and its former CEO have fallen underneath the radar of the enforcement authority. In its press launch, the SEC is taking motion towards the crypto alternate and its former govt for not registering as a nationwide securities alternate, clearing company, and dealer.
The previous CEO was recognized as William Shihara, who was additionally the co-founder of the alternate. The press launch additional learn,
“The SEC additionally charged Bittrex, Inc.’s overseas affiliate, Bittrex International GmbH, for failing to register as a nationwide securities alternate in reference to its operation of a single shared order e-book together with Bittrex.”
The story remains to be growing…
