Bittrex had two main platforms: Bittrex Inc. (US operations, Delaware bankruptcy) and Bittrex Global Ltd. (Bermuda-based, serving international users, in Bermuda liquidation). The two have separate proceedings, separate claim processes, and different timelines. Make sure you know which platform you used.
Bittrex US vs. Bittrex Global — At a Glance
🇺🇸 Bittrex Inc. (US)
- Filed: May 8, 2023
- Court: Delaware (Case 23-10598)
- Recovery: 100% in-kind crypto
- Claim bar date: Aug 31, 2023 (passed)
- Claims filed: ~36,000 users
- Claims agent: Omni Agent Solutions
- Status: Distribution to claimants
🌍 Bittrex Global (Bermuda)
- Jurisdiction: Bermuda
- Liquidators: Grant Thornton
- Distribution window: Jan–Apr 2025
- Court of Appeal ruling: Mar 10, 2026
- BGI appeal: Dismissed
- Status: Final distribution being prepared
- Timeline: Not yet confirmed
What Happened to Bittrex?
Bittrex was one of the pioneering US cryptocurrency exchanges, founded in Seattle in 2014. For years it was a top-10 global exchange by volume. However, the company faced mounting regulatory pressure as the SEC intensified its scrutiny of crypto platforms.
In April 2023, the SEC sued Bittrex and its co-founder William Shihara, alleging that Bittrex operated as an unregistered national securities exchange, broker, and clearing agency. Unable to continue operating under this regulatory cloud, Bittrex announced the closure of its US platform and filed for Chapter 11 bankruptcy on May 8, 2023 in the US Bankruptcy Court for the District of Delaware.
The filing revealed liabilities of up to $1 billion and affected an estimated 1.6 million users. Separately, Bittrex Global — a company established in Bermuda to serve international (non-US) users — entered liquidation proceedings under Bermuda law.
The SEC settled its charges against Bittrex in August 2023 as part of the bankruptcy proceedings.
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April 2023SEC sues Bittrex for operating as unregistered securities exchange
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May 8, 2023Bittrex Inc. files Chapter 11 bankruptcy in Delaware (Case 23-10598)
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August 31, 2023General bar date for filing US proofs of claim (deadline passed)
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Late 2023Bittrex US closes; SEC settles charges as part of bankruptcy
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January 2025Bittrex Global distribution window opens for approved proof-of-debt claimants
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April 2025Bittrex Global distribution window closes
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March 10, 2026Bermuda Court of Appeal dismisses Bittrex Global's appeal
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Mid-2026Joint Liquidators preparing application for directions on final distribution
Bittrex US — Claim Status and What to Do
The deadline to file a proof of claim in the Bittrex US bankruptcy was August 31, 2023. This date has passed. Fewer than 36,000 of the estimated 1.6 million Bittrex US users filed claims — meaning over 98% of users did not participate. If you missed this deadline, your options are very limited.
If You Filed a US Claim Before August 31, 2023
The Bittrex Chapter 11 plan provided for 100% in-kind cryptocurrency distributions to creditors with allowed claims. This means you were entitled to receive back the full amount of crypto you held on the platform at the time of filing — in the same coins, not converted to USD.
To check your distribution status, visit the claims agent website at Omni Agent Solutions (case 23-10598) or check the Delaware bankruptcy docket on PACER. If you filed a claim and have not received a distribution, contact Omni Agent Solutions directly.
If You Did NOT File a Claim by August 31, 2023
Unfortunately, missing the bar date in a US bankruptcy typically means you forfeit your right to a distribution. In rare cases, courts allow late claims if a creditor can demonstrate "excusable neglect" or other extraordinary circumstances. This requires filing a formal motion with the bankruptcy court and is very rarely granted — but if you had a significant amount on Bittrex, it may be worth consulting a bankruptcy attorney.
Note that the extremely low claim rate (under 3% of users) suggests that many Bittrex users simply did not know about or understand the claims process. If you discover that you had unclaimed Bittrex funds, a legal consultation is recommended.
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Check Omni Agent Solutions for claim status
Search the Omni case page for Bittrex (Case 23-10598). You can look up whether a claim was filed under your email address and check its current status in the distribution process.
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Check your email from 2023
Bittrex sent notifications to registered users about the bankruptcy, claims process, and deadlines. Search your inbox for emails from @bittrex.com with subjects like "bankruptcy," "claim," or "distribution."
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Consult a bankruptcy attorney (if you missed the deadline)
If you had a significant balance and missed the August 2023 deadline, a bankruptcy attorney can advise whether a late claim motion has any realistic chance of success based on your specific circumstances.
Bittrex Global (Bermuda) — What's Happening in 2026
Bittrex Global Ltd (Bermuda) is in active liquidation supervised by the Bermuda courts. The Joint Liquidators are from Grant Thornton (Bermuda). A distribution window for creditors who submitted proof-of-debt claims was open from January to April 2025. The Bermuda Court of Appeal dismissed BGI's appeal on March 10, 2026. As of mid-2026, the Joint Liquidators are preparing court filings for the final distribution — but no specific timeline has been announced.
If You Submitted a Bittrex Global Proof of Debt
If you filed a proof of debt with the Bermuda Joint Liquidators before the applicable deadline, you are in line for the final distribution when the court approves it. You do not need to take further action at this stage — monitor the official liquidation updates for announcements about the distribution date.
Check the official Bittrex Global support portal for updates from the Joint Liquidators. Grant Thornton publishes updates for creditors as court proceedings progress.
If You Did Not Submit a Proof of Debt
The proof-of-debt submission window for Bittrex Global Bermuda has closed. If you had funds on Bittrex Global and did not file, you may have missed your opportunity to participate in the distribution. Contact the Joint Liquidators at Grant Thornton Bermuda to inquire about your options — late filings may or may not be considered depending on the stage of proceedings.
Beware of fake "Bittrex recovery" services that claim to be able to recover your funds for an upfront fee. The only legitimate contact for Bittrex Global is through the official Grant Thornton liquidators via the Bittrex Global support portal. No legitimate recovery service charges upfront fees.
Frequently Asked Questions
Other Crypto Claim Guides
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