Bittrex's bankruptcy filing reveals over 500 million USD in suspicious cryptocurrency transactions.

2025-11-07 10:48:59

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Bittrex's bankruptcy filing reveals over 500 million USD in suspicious transactions, drawing attention from analysts and regulators. Data shows thousands of micro withdrawal orders, duplicate transfers, and records on the blockchain that are no longer active. Many experts believe these transactions may have been fabricated, inflating customer balances and complicating the verification of legitimate claims.

These discrepancies raise doubts that Bittrex's financial reports have been manipulated to appear stronger than reality. The exchange, once a major player in the US market, has been penalized multiple times for compliance violations before declaring bankruptcy in 2023. Investigators are currently conducting verification to determine whether this is a mistake, poor management, or intentional concealment of the true financial situation.

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