Bittrex’s bankruptcy filing has highlighted a concerning issue: over $500 million in suspicious transactions, involving potentially manipulated records and thousands of duplicate withdrawals. This raises questions about creditor settlements, data integrity, and the future of centralized cryptocurrency exchanges. Details revealed by regulatory compliance researcher Pasha Onur suggest these irregularities may have impacted over 1.6 million users, leading to potential inaccuracies in customer balances and difficulties in resolving the bankruptcy proceedings. 1.6 million users were affected. The manipulated records also complicate debt calculations and hinder the process of reaching a fair resolution through the bankruptcy filing. These cases raise concerns about the future regulation of exchanges, as the lack of direct statements from regulators like the SEC indicates ongoing evaluations.