Scan to download
BTC $60,636.91 -1.34%
ETH $1,559.38 -2.82%
BNB $573.53 -0.32%
XRP $1.08 -1.58%
SOL $61.77 -3.89%
TRX $0.3232 +0.46%
DOGE $0.0812 -1.94%
ADA $0.1569 -2.82%
BCH $216.46 -1.87%
LINK $7.34 -1.82%
HYPE $56.54 -4.87%
AAVE $60.39 -4.39%
SUI $0.7095 -0.71%
XLM $0.2092 +2.66%
ZEC $354.04 -5.57%
BTC $60,636.91 -1.34%
ETH $1,559.38 -2.82%
BNB $573.53 -0.32%
XRP $1.08 -1.58%
SOL $61.77 -3.89%
TRX $0.3232 +0.46%
DOGE $0.0812 -1.94%
ADA $0.1569 -2.82%
BCH $216.46 -1.87%
LINK $7.34 -1.82%
HYPE $56.54 -4.87%
AAVE $60.39 -4.39%
SUI $0.7095 -0.71%
XLM $0.2092 +2.66%
ZEC $354.04 -5.57%

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a Delaware court on Wednesday that with the deadline for filing claims having passed, fewer than 36,000 customers have withdrawn approximately $143 million worth of cryptocurrency.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