Liechtenstein-based cryptocurrency exchange Bittrex Global has announced that it will suspend all operations by the 4th of December as it prepares to shut down following a bruising battle with the SEC. The closure comes after the exchange’s US arm, Bittrex, already shut down operations due to regulatory challenges in the country. Bittrex Global will begin winding down its trading activities, starting with the suspension of trading on the 4th of December. Customers are urged to withdraw their assets as soon as possible. The exchange has warned users not to make any deposits, as it cannot guarantee the safety of the funds. Bittrex shut its US exchange in March after settling with the SEC for $29 million over alleged securities law violations. The exchange filed for Chapter 11 protection in May and paid a fine of $24 million. Bittrex Global ranks among the top 100 cryptocurrency exchanges in the world, with a 24-hour trading volume of just under $6 million. The exchange has discontinued its referral program and stopped all promotions as part of the winding down process. Bittrex has assured its customers that its team will be available to address any concerns or questions during the process.

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