US SEC Files Charges Against Crypto Exchange Bittrex for Alleged Violations of Securities Laws

US SEC Files Charges Against Crypto Exchange Bittrex for Alleged Violations of Securities Laws

SEC Chair Gary Gensler stated that “today’s action, yet again, makes plain that the crypto markets suffer from a lack of regulatory compliance, not a lack of regulatory clarity.” The charges against Bittrex come after the US Treasury fined the company $29 million last year for failing to comply with US money laundering and sanction laws.