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Bittrex Exits U.S. Markets as SEC’s Charges Linger

April 21, 2023 by Eugene Grygo

Bittrex Exits U.S. Markets as SEC’s Charges Linger

Bittrex and the Securities and Exchange Commission (SEC) appear to be heading to court over the regulator’s allegations that the crypto asset trading platform Bittrex, Inc., and its co-founder and former CEO operated an unregistered national securities exchange, brokerage, and clearing agency. Bittrex, Inc.’s foreign affiliate, Bittrex Global GmbH has also been accused of “failing… Read More >>

Filed Under: Securities Operations, Middle-Office, Ops Automation, Risk Management, Digital Transformation, FinTech Trends, Blockchain/DLT, Standards, Regulation & Compliance, Regulatory Compliance, Regulatory Reporting, Industry News Tagged With: compliance, cryptocurrency, operational risk, SEC, securities exchange, Securities Operations, securities trading services, wall street

SEC Charges BitFunder Founder With Fraud

February 28, 2018 by Louis Chunovic

SEC Charges BitFunder Founder With Fraud

The SEC has charged BitFunder, a bitcoin cryptocurrency platform, and its founder and operator Jon E. Montroll with “operating an unregistered securities exchange and defrauding users of that exchange.” The SEC also charged Montroll with “making false and misleading statements in connection with an unregistered offering of securities.” Those alleged “false and misleading statements” also… Read More >>

Filed Under: Securities Operations, Ops Automation, Risk Management, General Interest, Governance, FinTech Trends, Back-Office, Standards, AML/Fraud/Financial Crime, Regulation & Compliance, Regulatory Compliance, Regulatory Reporting, Industry News Tagged With: BitFunder, cryptocurrency, cyberattack, Jon E. Montroll, obstruction of justice, perjury, SEC, securities exchange

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