Crypto Exchange Bittrex to Return Frozen Funds to Users in Sanctioned Regions
Bittrex, a popular U.S.-based cryptocurrency exchange, is seemingly looking to return cryptocurrency holdings to users it had to block from its platform over international sanctions.
According to a tweet published by former user Ziya Sadr, Bittrex is now reaching out to users who reside in sanctioned nations where it’s legally unable to offer its services to send them their frozen funds. The tweet contains a letter that describes Bittrex's application process:
In May of 2018, Bittrex filed an application to permit it to release the funds currently frozen back to the owners. This application was recently granted and we are writing to let you know that you may withdraw your funds to another exchange.
