Bittrex filed for bankruptcy… what will be the situation of the coins … Unable to reach out to the customer center

I have couple of coins transferred to bittrex from Robinhood.. Now that the market for crypto is not that great and moreover bittrex filed for bankruptcy what should i do ? Please shed some light … Tc-210k

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prestige6 Jun 24, 2023

They will be used to pay off the debts of the company. Gg

Infineon Technologies HHBB09 OP Jun 24, 2023

Does that mean my money is lost??

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prestige6 Jun 24, 2023

99.99% chance and based on other crypto bankruptcies. Yes

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prestige6 Jun 24, 2023

Look at the previous bankruptcies yourself I don’t think anybody has gotten a cent back

Infineon Technologies HHBB09 OP Jun 24, 2023

I learnt a lesson .. i m not doing crypto anymore … I always have this misunderstanding about 3k loss per year … i have an appointment scheduled with my cpa on monday .. but is it calculated after they offset the profits / capital gains incurred in that year ??

Google hbdjaa Jun 25, 2023

3k loss is on income. You can offset any amount of loss on your capital gains for that year.

Amazon notyrfrnd Jun 24, 2023

I transferred my $275 from it just last week after parking it there for 5 years😄

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Alpha_7 Jun 24, 2023

Thought they stopped allowing transfers a month or 2 ago.