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Bittrex Sued for $16 Million by Steem Community

insidebitcoins.com

The Steem community has now filed a lawsuit against crypto exchange Bittrex for $16 million. The new witnesses by Sun acquired $5 million in Steem tokens from 65 different accounts and transferred them all into a single account on May 8 this year.

The crypto exchange refused to return the tokens to the original owners because of which the lawsuit followed. The exchange also suggests that the unknown person who made the transfer to the Bittrex account did not provide any specific information about who the “original owners” of the token were.

Read in Full: insidebitcoins.com
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