Crypto Exchange Bittrex’s Customer-Repayment Plan Faces U.S. Government Objection

Crypto Exchange Bittrex’s Customer-Repayment Plan Faces U.S. Government Objection

“Siloing creditors into subordinated classes outside of the confirmation hearing is improper,” the government’s filing said. The Bittrex companies “have not demonstrated why the issues of ownership of cryptocurrency assets needs to be determined prior to the confirmation of the [bankruptcy] plan.”