Bittrex's bankruptcy plan has been approved by the court, and it will shut down its US operations.

According to BlockBeats news on October 31st, cryptocurrency exchange platform Bittrex's bankruptcy plan has been approved by the bankruptcy court, which will shut down its US operations and allow the company to pay off remaining creditors in full through a liquidation plan. As previously reported by BlockBeats on May 9th, Bittrex filed for bankruptcy on Monday in Delaware, USA, less than a month after being charged by the US Securities and Exchange Commission for operating an unregistered trading platform.