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Crypto customers leave money on the table in Bittrex bankruptcy

From axios.com

Bittrex US will likely have money left over by the end of its bankruptcy proceeding, because its customers aren't claiming what's theirs. Why it matters: Distinct for its high number of low-balance accounts, the case serves to highlight that being a claimant in a crypto bankruptcy requires a good amount of effort and personal data — and for many, the reward may not justify the price. Driving the news: The deadline for some 1.6 million customers to claim their crypto on the Bittrex US and Bittrex Malta exchanges passed on Aug. 31. • Only 35,972 customers — less than 3% identified by the court — actually did, walking ... (full story)

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  • Category: Fundamental Analysis