Scan to download
BTC $76,758.09 -3.08%
ETH $2,283.51 -4.56%
BNB $624.13 -2.29%
XRP $1.39 -3.59%
SOL $84.07 -4.47%
TRX $0.3241 +0.28%
DOGE $0.0990 -1.63%
ADA $0.2471 -3.10%
BCH $447.36 -1.86%
LINK $9.26 -3.07%
HYPE $40.90 -5.08%
AAVE $96.55 -1.83%
SUI $0.9281 -3.04%
XLM $0.1647 -4.83%
ZEC $347.01 -4.01%
BTC $76,758.09 -3.08%
ETH $2,283.51 -4.56%
BNB $624.13 -2.29%
XRP $1.39 -3.59%
SOL $84.07 -4.47%
TRX $0.3241 +0.28%
DOGE $0.0990 -1.63%
ADA $0.2471 -3.10%
BCH $447.36 -1.86%
LINK $9.26 -3.07%
HYPE $40.90 -5.08%
AAVE $96.55 -1.83%
SUI $0.9281 -3.04%
XLM $0.1647 -4.83%
ZEC $347.01 -4.01%

The United States Secret Service is one of Bittrex's largest clients, and its bankruptcy may still be profitable to this day

2023-09-14 08:19:23
Collection

ChainCatcher news, although Bittrex filed for bankruptcy protection in May this year, it may still be profitable as a large number of customers have not requested refunds.

Bittrex's lawyer stated in a Delaware court on Wednesday that with the deadline for filing claims having passed, fewer than 36,000 customers have withdrawn approximately $143 million worth of cryptocurrency. In May, after Bittrex's U.S. and Malta subsidiaries filed for bankruptcy, 1.6 million customers received emails requesting them to withdraw their funds, but only a small portion of those actually withdrew.

Additionally, the U.S. Secret Service is a major client of the exchange, holding an account with $6.2 million. Bittrex has worked with the agency to assist them in successfully withdrawing their funds.

app_icon
ChainCatcher Building the Web3 world with innovations.