SEC’s crackdown on Bittrex part of larger crypto industry purge, claims exchange

Seattle-based cryptocurrency exchange Bittrex has issued a formal response to the recent lawsuit filed by the US Securities and Exchange Commission (SEC), in which the agency accused Bittrex of running an unregistered securities exchange, broker, and clearing agency. 

On April 17, the regulator also charged Bittrex Global GmbH, the exchange’s parent company, over its operation of a single shared order book with the U.S.-based company.