The US government opposes the customer fund return plan proposed by bankrupt cryptocurrency exchange Bittrex.

According to BlockBeats news on June 8th, the US government opposes the customer fund reimbursement plan proposed by Bittrex, a bankrupt cryptocurrency trading platform, for reasons including: the critical vendor standard does not support the plan, implementing the plan without paying the supplier will cause the supplier to stop providing operation and service to the debtor, leading to the debtor's business collapse and making restructuring impossible; the motion is immature in resolving disputed claims and issues; it inappropriately attempts to exclude creditors from the plan, and it is inappropriate to determine the subordinate relationship or classification at this time. The hearing related to Bittrex will be held on June 14th, 2023. Previously, after being sued by the SEC, Bittrex sought court permission to allow customers to withdraw their assets without paying litigation fees or delaying litigation.