Bittrex may still face enforcement action in Florida amid bankruptcy By Cointelegraph
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The Florida Office of Financial Regulation is considering action against United States-based cryptocurrency exchange Bittrex, which filed for Chapter 11 bankruptcy protection in May.
In a July 5 filing with the U.S. Bankruptcy Court for the District of Delaware, Florida Office of Financial Regulation (OFR) assistant general counsel Brandon Greenberg said the state regulator had been given information on Bittrex’s alleged failure to comply with Florida law. According to Greenberg, the OFR still had the “administrative discretion” to charge or not charge Bittrex.
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The Florida Office of Financial Regulation is considering action against United States-based cryptocurrency exchange Bittrex, which filed for Chapter 11 bankruptcy protection in May.
In a July 5 filing with the U.S. Bankruptcy Court for the District of Delaware, Florida Office of Financial Regulation (OFR) assistant general counsel Brandon Greenberg said the state regulator had been given information on Bittrex’s alleged failure to comply with Florida law. According to Greenberg, the OFR still had the “administrative discretion” to charge or not charge Bittrex.
Continue Reading on Coin Telegraph
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