Bittrex Inc., the US arm of the crypto exchange Bittrex Global, has sent a reminder email to its users on the need to withdraw their funds “as soon as possible.” Although the deadline for withdrawal of funds remains August 31, the crypto exchange has urged users to do it soon to give their team “sufficient time to resolve any unforeseen issues.”
“Bittrex Inc. has been granted permission by the United States Bankruptcy Court to allow customers who meet the necessary regulatory requirements to access their accounts and withdraw any remaining assets.” the email read.
How It All Went Down For Bittrex
On March 31, 2023, Bittrex announced on its Twitter platform that it was winding down its US operations due to the “continued regulatory uncertainty.”
The tweet read:
Due to continued regulatory uncertainty, we have made the difficult decision to wind down our U.S. operations, effective April 30, 2023. All funds are safe and can be fully withdrawn immediately.
However, the exc
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