#bittrex
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Bittrex US's Alleged Bankruptcy: A Blow to the SEC
Instead of targeting market giants like Binance or Coinbase, the US Securities and Exchange Commission (SEC) directed its attention towards Bittrex, a smaller-scale crypto exchange. The aftermath of this conflict provides significant insights for the wider market. Bittrex Seeks Dismissal of SEC Legal Dispute
In its court filing, Bittrex asserts that the SEC’s regulatory jurisdiction over cryptocurrencies as securities is lacking unless specifically granted by Congress. This challenges the SEC’s interpretation of existing securities regulations and aims to establish a clearer regulatory framework for digital assets. 
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