Scan to download
BTC $78,974.49 -2.94%
ETH $2,217.17 -3.42%
BNB $671.99 -1.27%
XRP $1.43 -4.36%
SOL $89.09 -3.88%
TRX $0.3514 -0.51%
DOGE $0.1129 -3.21%
ADA $0.2607 -4.40%
BCH $424.55 -3.02%
LINK $10.02 -5.09%
HYPE $43.90 -0.07%
AAVE $92.52 -7.08%
SUI $1.09 -8.59%
XLM $0.1540 -5.88%
ZEC $516.12 -8.19%
BTC $78,974.49 -2.94%
ETH $2,217.17 -3.42%
BNB $671.99 -1.27%
XRP $1.43 -4.36%
SOL $89.09 -3.88%
TRX $0.3514 -0.51%
DOGE $0.1129 -3.21%
ADA $0.2607 -4.40%
BCH $424.55 -3.02%
LINK $10.02 -5.09%
HYPE $43.90 -0.07%
AAVE $92.52 -7.08%
SUI $1.09 -8.59%
XLM $0.1540 -5.88%
ZEC $516.12 -8.19%

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a Delaware court on Wednesday that with the deadline for filing claims having passed, fewer than 36,000 customers have withdrawn approximately $143 million worth of cryptocurrency.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.