The U.S. Securities and Exchange Commission’s (SEC) enforcement division has recommended that the SEC sue cryptocurrency exchange Bittrex for alleged violations of investor protection laws, The Wall Street Journal reported. Bittrex’s general counsel, David Maria, said law enforcement notified Bittrex of the SEC’s possible action in March. In its Wells Notice to Bittrex, the SEC said Bittrex violated the law by operating as an exchange, broker-dealer and clearinghouse without registering with the regulator. Foresight News previously reported that Bittrex U.S., the U.S. platform of the encryption exchange Bittrex, will end its operations in the U.S. on April 30. Bittrex said that the main reason is continued regulatory uncertainty and U.S. regulators’ interest in promoting innovation and strengthening the U.S. economy. Policies lack interest.