Bittrex Can Close Case But Must Set Aside $3.4M, Judge Says

By Alex Wittenberg · August 16, 2024, 4:33 PM EDT

A Delaware bankruptcy judge said Friday that defunct cryptocurrency exchange Bittrex Inc. can close its Chapter 11 case on the condition that it reserves $3.4 million in funds for four Iranian...

To view the full article, register now.

Try a seven day FREE Trial

Already a subscriber? Click here to login

Case Information

Case Title

Case Number

Court

Delaware

Nature of Suit

Date Filed

May 08, 2023

Recent Articles By Alex

August 14, 2024
Avon Products Gets OK To Tap $43M DIP During Ch. 11 Case
August 13, 2024
Solar Co. ISun Gets Initial OK On $10M Sale In Ch. 11
August 13, 2024
Coach USA Gets Nod On Sales Of Bus Lines In Ch. 11
August 09, 2024
Attys Eye Serta Simmons Appeal For New Clues In Debt Fights
August 08, 2024
Pitney Bowes Spins Off E-Commerce Biz Into Ch. 11
August 06, 2024
Yellow Corp., Pensions Spar In $7.8B Withdrawal Liability Row
August 05, 2024
Ebix Gets Ch. 11 Plan Approved After Nixing Opt-Out Releases
August 02, 2024
Ebix Opt-Out Releases Illegal In Ch. 11 Plan, Judge Rules
August 02, 2024
Creditors Seek Bankruptcy For Smart Home Co. Pepper
August 01, 2024
Robertshaw Judge Rejects Invesco Bid To Pause Ch. 11 Sale