The bankruptcy liquidation plan of cryptocurrency exchange Bittrex has been approved, and it will close its U.S. operations

ChainCatcher news, according to a report by Reuters, the bankruptcy liquidation plan of the cryptocurrency exchange Bittrex has been approved by the bankruptcy court, which will close its U.S. operations and allow the company to implement a liquidation plan that will fully pay the remaining creditors.

Previous report, Bittrex filed for bankruptcy protection in May, chose to shut down its U.S. operations, and return assets to customers, and reached a $24 million settlement with the SEC in August.