I think the SEC has a issue with the way BITCF was placing a value on their assets.
The SEC doesn't suspend unless they have proof of fraud - it isn't something they do without a great deal of research.
Since January 1, 2010 there have been 2,892 stocks suspended only 5 have been relisted and none have been successful after relisting. Or 0.17% of the stocks suspended have relisted.
The above is courtesy of Renee who does the Suspension board.
The SEC was very clear - BITCF was issuing false and misleading information.
Shareholders on suspended stocks always think their stock is different - it was just a misunderstanding and will be resolved soon - in the case of BITCF - the SEC is scared of cryptocurrencies and is trying to scare investors - the company will be filing a registration statement soon... (I am not referring to you but shareholders in general).
BITCF is playing out like a typical stock on the greys - very little volume - the price is down 72%.