Bittrex banned accounts due to security reasons

According to official statement of Bittrex cryptocurrency exchange, less than 0.1% of accounts were banned due to security reasons
19 October 2017   1656

The Bittrex has blocked 0.1% of the total number of user accounts for the the security check. This is said in the official statement of the exchange.

According to the Bittrex administration, the verification procedure is one of the planned activities of the platform and is designed to ensure the security of the services of the exchange and its users.

As part of a compliance review, we have temporarily suspended certain accounts pending the completion of the review. The total number of suspended, closed, or banned accounts is very limited: less than 0.1% of the total accounts on Bittrex.  More than 99.9% of Bittrex accounts are unaffected.
 

Bittrex team

Also, Bittrex denied the charges of overcharging commission fees and loss of user coins.

Any reports that Bittrex miscalculated or misapplied its exchange fees, that there is a security problem with the exchange, that Bittrex lost any coins stored on users’ behalf, or that Bittrex is banning people trying to access Slack to discuss the status of their accounts are incorrect.  We are committed to making Bittrex a strong, safe, and compliant exchange where people can securely participate in the digital currency economy. We ask for patience from our highly valued customers.
 

Bittrex team

Earlier, some users of the Bittrex exchange complained that they can not access their accounts, and the technical support of the exchange did not give any explanation on this matter. 

Statement is available at official website of exchange.

We Have No North Korean Users, - Bittrex

New York regulator have had identify two Bittrex users as North Koreans, but exchange says NYDFS was mistaken
23 April 2019   116

Bittrex Cryptocurrency Exchange this Monday reported that the regulator was wrong when it recognized its two users as North Korean citizens.

Bittrex analyzed two accounts that, according to the New York Department of Financial Services, should not have access to the American trading platform, and concluded that they already came into her field of vision during an investigation in October 2017.

South Korean residents mistakenly selected North Korea in our country dropdown menu, but we determined through country identifictation, physical and IP addresses that ALL were from South Korea.
 

Bittrex Team

Earlier, a representative of the regulator in a conversation with CoinDesk said that during the audit of Bittrex accounts this year, they identified two users from North Korea.

More may exist. At least one North Korean account was active into 2017. [along with two accounts in another sanctioned country, Iran, that were active during this year’s examination].
 

Shirin Emami

Executive deputy superintendent for banking, NYDFS

Access of such users to the exchange was one of the reasons for the refusal of Bittrex to issue a license to serve New Yorkers. The company did not agree with the charges brought against it.