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The crypto asset trading platform and its former CEO have settled with the SEC and avoided a trial.
Crypto asset trading platform Bittrex Inc. and its co-founder and former CEO, William Shihara, have settled with the SEC and will pay $24 million in disgorgement, interest, and penalties over allegations that the platform was functioning as an unregistered national exchange, broker, and clearing agency although the defendants neither admit nor deny the SEC’s allegations....
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