Bittrex bankruptcy filings reveal $500m of suspicious transactions

From dlnews.com

Bittrex’s bankruptcy filings are riddled with tens of thousands of contradictory, suspicious, and improbable transactions, potentially impacting the nearly 2 million customers who held funds on the crypto exchange before it collapsed in 2023. “Certain patterns in the filed documents immediately raised serious red flags,” Pasha Onur, a regulatory compliance researcher who analysed the documents, told DL News. “Our analysis of court documents and Bittrex hot and cold wallets reveals over $500 million in fabricated transactions filed with the bankruptcy court across multiple dockets.” DL News reviewed Onur’s ... (full story)