Bittrex has already declared its plans to withdraw from the U.S. market, yet it is also confronted with an enforcement action by the SEC.
According to Jason Gottlieb, a partner at Morrison Cohen LLP, the 'major questions doctrine' of the Supreme Court could serve as a means of restricting the regulatory actions taken against cryptocurrencies.
In addition, the SEC claimed that cryptocurrencies such as Algorand and Omise Go should be classified as securities.