Bittrex files for Chapter 11 bankruptcy amid SEC’s crackdown on crypto exchanges
Seattle-based cryptocurrency exchange Bittrex, Inc., along with two Malta-based Bittrex entities and an affiliated entity, Desolation Holdings LLC, filed for Chapter 11 bankruptcy on Monday. Bittrex Global GmbH, a Liechtenstein-based global entity, is not included in the filing. The company has over 100,000 creditors, with estimated assets and liabilities in the $500 million to $1…