MONEDIAL.comThe History of Bitcoin

· legal

Bittrex reaches SEC settlement

Bittrex, Bittrex Global and former CEO William Shihara agreed to settle the SEC's April case without admitting or denying the allegations. Subject to court approval, the settlement included $24 million in disgorgement, interest and civil penalties and closed another stage of Bittrex's U.S.

Bittrex, Bittrex Global and former CEO William Shihara agreed to settle the SEC's April case without admitting or denying the allegations. Subject to court approval, the settlement included $24 million in disgorgement, interest and civil penalties and closed another stage of Bittrex's U.S. regulatory exit.

The Bitcoin connection ran through bitcoin exchange infrastructure. Resolution stage in the Bittrex enforcement narrative.

Continuity from Apr complaint / May bankruptcy.

Sources

  1. Bittrex and Former CEO to Settle SEC Charges