William Shihara Bittrex

Bittrex Faces Massive $1.3B Charge For Skirting Regulations, SEC Alleges

The Securities and Exchange Commission (SEC) has charged cryptocurrency trading platform Bittrex, Inc., its co-founder and former CEO William Shihara, and Bittrex's foreign affiliate, Bittrex Global GmbH, with operating an unregistered national securities exchange, broker, and clearing agency.

SEC Sues Yet Another Crypto Company — This Time It's Bittrex — In Latest Challenge For Industry

The U.S. Securities and Exchange Commission filed a lawsuit against crypto exchange Bittrex and one of its co-founders alleging it was operating as an "unregistered national securities exchange, broker, and clearing agency."