The U.S. bankruptcy judge has approved Bittrex to borrow 250 BTC from its parent company to facilitate the smooth progress of the bankruptcy proceedings

ChainCatcher news, according to Reuters, a U.S. bankruptcy judge has approved Bittrex's request to borrow 250 BTC (7 million USD) from its parent company Aquila Holdings to facilitate the bankruptcy proceedings. Bittrex will also attempt to secure another loan of 450 BTC by applying at a hearing in June; if the price of Bitcoin remains stable before next month, that loan will be worth 12.4 million USD. (source link)