Ouch. Guess it’s a good thing that I don’t use them anymore, and the fact that decentralized exchanges are starting to gain traction.
US based exchanges are always subject to these types of actions in particular.
As usual the headline is perhaps a slight exaggeration, from what I gather it was made known quite some time ago and it’s not confirmed that the assets are actually unrecoverable is it?
Bittrex has seemed pretty trustworthy as far as exchanges go, certainly leaps and bounds ahead of (S)HitBTC and similar who randomly delist without any notice whatsoever (and other such shady things) Anyone who keeps any sizeable amount of funds on any exchange needs to keep a close eye on the news though for sure