The defunct cryptocurrency exchange Bittrex has filed with the federal court to revoke its 2023 settlement agreement with the U.S. SEC and is demanding the return of the $24 million fine previously paid. Bittrex stated that the SEC has now changed its regulatory stance on digital assets, acknowledging that the previous enforcement logic that regarded certain tokens as securities was problematic, and has withdrawn most similar cases, meaning the basis for the original judgment has changed. Bittrex also requested the court to order the SEC to return the funds before they are transferred to the U.S. Treasury and distributed to affected users. The exchange had settled in 2023 after being accused by the SEC of offering unregistered securities trading services and subsequently ceased operations in the U.S. market. (Decrypt)