Was Bittrex an unregistered broker?

As alleged in the SEC’s complaint filed on April 17, 2023 in U.S. District Court for the Western District of Washington, Bittrex acted as an unregistered broker, exchange, and clearing agency by providing services to U.S. investors in connection with crypto assets that the SEC’s complaint alleges were offered and sold as securities.

What are Bittrex trading fees?

Trading fees are the commission that Bittrex charges when this exchange’s matching engine fills a trading order. Furthermore, the fees are charged following the number of funds you trade. Fees do vary depending on whether the order is a maker or taker.

Why did the SEC investigate Bittrex?

The SEC alleged in its complaint, which was filed in a U.S. district court in Washington, that Shihara coordinated with crypto asset issuers seeking to make their tokens available for trading on Bittrex's platform to delete public statements that Shihara believed would lead regulators to investigate those token offerings as securities.

Should Bittrex be held accountable?

Today’s action not only holds Bittrex accountable for misconduct that we allege put investors at risk, but should also send a message to other non-compliant crypto market intermediaries to follow the federal securities laws or be held accountable for their violations."