On Monday, the U.S. entity of crypto exchange Bittrex filed a Chapter 11 bankruptcy filing and sought creditor protection, as reported by FinTelegram. The U.S. SEC filed a complaint against Bittrex in April 2023 for violating U.S. securities laws. The Shift reports that the U.S. entity and the Bittrex entities in Malta are included in the bankruptcy filing. Thus, the bankruptcy does not seem to be limited to the US, as announced by Bittrex.