Crypto Exchange Bittrex Violated Federal Laws, SEC Charges in Lawsuit

Bittrex worked with crypto issuers to “delete … ‘problematic statements'” that the SEC would investigate, the regulator said in a press release published Monday, including price predictions and statements implying an “expectation of profit.” The SEC also claims Bittrex should have registered as an exchange, clearing agency and broker, as it provided the services of all three types of entities.