SEC charges Bittrex with operating unregistered securities exchange

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SEC charges Bittrex with operating unregistered securities exchange
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Gary Gensler's SEC has charged Bittrex, a cryptocurrency exchange, with failing to register as a securities exchange in a move to further regulate the industry.

CoinGeek Chief Bitcoin Historian Kurt Wuckert Jr. joins ‘Kennedy’ on FOX Business to says investors treating crypto like a security with minimal regulations could ‘appeal to criminals’ or foreign adversaries.on Monday charged cryptocurrency exchange Bittrex Inc and its former CEO William Shihara with operating an unregistered national securities exchange, broker and clearing agency.

The Securities and Exchange Commission is cracking down on unregistered cryptocurrency as exchanges, Chairman Gary Gensler said Monday Apr. 4th 2022 U.S. CRYPTO EXCHANGES COULD FACE POSSIBLE CLASS-ACTION LAWSUIT The cryptocurrency industry has aggressively lobbied Washington lawmakers and policy makers over the past year to avoid falling within the SEC’s jurisdiction, but with the collapse of FTX, crypto has faced unprecedented scrutiny.

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