Bittrex's bankruptcy filings revealed $500 million in suspicious transactions.

Bittrex's bankruptcy filings contain tens of thousands of contradictory, questionable, and illogical transaction records, potentially impacting nearly 2 million customers who held funds on the platform before its collapse in 2023. Regulatory compliance researcher Pasha Onur points out that some patterns in the documents immediately raised alarms. Analysis of court documents and Bittrex's hot and cold wallets indicates that multiple files contained over $500 million worth of fraudulent transaction records.