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Why Big Money Is Betting On Crypto Again - Gavin Michael, BakktBakkt, a crypto custody and trading platform, added a "going concern" warning in an SEC filing, saying it might not have enough cash to remain. In , the SEC initiated lawsuits against certain crypto asset exchanges, including Bittrex, Coinbase, Binance, and Kraken alleging among. At its core, Bakkt is a custody service that stores Bitcoin in a secure form, known as cold storage. It looks after large amounts of Bitcoin on.