Cryptocurrency buying and selling platform Bittrex has filed for Chapter 11 chapter safety within the District of Delaware.

In a Might 8 submitting with the US Chapter Courtroom for the District of Delaware, Bittrex estimated that it had greater than 100,000 collectors, between $500 million and $1 billion in property and between $500 million and $1 billion in liabilities in chapter proceedings. The chapter lined its Seattle-based entity Bittrex, Inc, two Bittrex entities in Malta and an affiliated entity Desolation Holdings LLC.

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