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On the shutdown of Bittrex in the US and SEC actions — Bittrex Global CEO at Consensus 2023

Published 05/01/2023, 02:44 PM
Updated 05/01/2023, 04:20 PM

Oliver Linch, CEO of cryptocurrency exchange Bittrex Global, has pushed back against the United States Securities and Exchange Commission (SEC), claiming the company never had a clear opportunity to discuss a potential enforcement action.

Speaking to Cointelegraph at the Consensus 2023 conference in Austin, Texas on April 28, Linch said there had been “precisely zero” communication between Bittrex Global and the SEC prior to the financial regulator issuing a Wells notice to the company’s U.S. counterpart in March. The SEC charged Bittrex in April for operating as an unregistered exchange, broker and clearing agency, and it charged Bittrex Global “in connection with its operation of a single shared order book along with Bittrex.”

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