Oh my lord...That's so damn terrible. Never seen bittrex doing such things before ,and 16 days is too much.
Maybe this is being done because of SEC going after bittrex, so bittrex wants to be
"compliant" with the rules and regulations. What else can they do ,for them blocking a few accounts is better than losing than millions of dollars.
Don't give up on your money thats there in bittrex,be careful next time you create a account and keep big amounts of money in it.
Maybe you're living in a country which is there in the OFAC list. If you don't know what OFAC is,its a regulation kind of thing in US,you're not supposed to have any sort of trade related to US,or other countries which are associated with US.
Here is a link of OFAC:-
https://www.treasury.gov/about/organizational-structure/offices/Pages/Office-of-Foreign-Assets-Control.aspxUsually,only banks and the like use this as a tool for their due diligence whenever required.
As of OFAC stuff:
Once a user signs up with Bittrex s/he reveals her/his residency and nationality information in the verification process ultimately. In my case, even before going through sign-up process with this site, I explicitly asked about my situation as an Iranian with them and they officially informed me they are ok with it and they have no discriminative policy to be applied here, so I signed up and went through extended verification process.
Now, let's assume that things have changed and they are pushed by a dumb head in Trump's administration to keep people like me out of the cryptocurrency ecosystem (what a messy idea). Obviously it doesn't happen overnight and suddenly. If Bittrex was anything other than a cheap scammer, they should warn me to close my account, withdrawing my funds, saying goodbye.
Instead, apparently they have found it more juicy to 'borrow' my coins (like thousands of other people) now for 16 days (and perhaps forever).
So, I think it is nothing more than a scam, they may have lost users' funds in some kind of a gambling (like pumping some shit coin, as they are used to) or not, it is just about their escalated greed. Either way, they are scammers and should be prosecuted properly and if Trump is so busy ruining America forever and his General attorney or FBA don't give a damn, it doesn't mean Bittrex can get away with this scam. I can guarantee this, they will pay for it.