Bittrex Global, a cryptocurrency exchange based in Liechtenstein, has announced its closure. The company stated that it took careful consideration in making this decision and acknowledges the inconvenience it may cause its customers. Starting from December 4, trading on the platform will cease. In a recent statement, Bittrex Global informed users that those holding US dollars must exchange them for euros or cryptocurrencies by December 4 in order to withdraw their funds. The platform also advised against making any new deposits, as they cannot guarantee their safe receipt and funds may be permanently lost. This announcement comes after Bittrex, the company’s American subsidiary, closed its US operations earlier this year due to regulatory uncertainty. Bittrex settled a lawsuit with the US Securities and Exchange Commission (SEC) in August, paying $24 million in penalties and interest. The SEC had charged Bittrex with operating without proper registration. Additionally, in April, the SEC filed charges against Bittrex Global for operating a single shared order book with Bittrex. It remains unclear if these regulatory actions influenced the decision to close the Liechtenstein-based exchange.

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Information	Details
Geography	Europe
Countries	🇱🇮 🇺🇸
Sentiment	negative
Relevance Score	1
People	None
Companies	Bittrex Global, Bittrex, Delaware bankruptcy court, US Securities and Exchange Commission (SEC)
Currencies	None
Securities	None