Bittrex bankruptcy plan approved by court, will close its U.S. operations

According to a report from Reuters on October 31st, the bankruptcy plan of cryptocurrency trading platform Bittrex has been approved by the bankruptcy court, which will close its US business and allow the company to pay off remaining creditors in full through a liquidation plan.

As previously reported , on May 9th, Bittrex filed for bankruptcy in Delaware, USA, just under a month after being accused by the US Securities and Exchange Commission of operating an unregistered trading platform.