Bitfinex Must Face New York’s Accusations Over the Loss of $850M in Co-Mingled Funds

Bitfinex Must Face New York's Accusations Over the Loss of $850M in Co-Mingled FundsThe popular digital currency trading platform, Bitfinex must deal with the New York Office of the Attorney General (NYAG) over the alleged hiding of over $800 million in client and corporate funds. The NY state Supreme Court’s Appellate Division overruled an appeal on Thursday, after the company put forth the argument that tether (USDT) was […]

The post Bitfinex Must Face New York’s Accusations Over the Loss of $850M in Co-Mingled Funds appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Chile Appeals Court Rules in Favor of Crypto Exchange Against Bank

Chile Appeals Court Rules in Favor of Crypto Exchange Against BankIn an ongoing dispute between banks and cryptocurrency exchanges in Chile, an appeals court has finally ruled in favor of one crypto exchange against one of the largest banks in the country. Five major banks have also separately responded to lawsuits against them in court. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Court […]

The post Chile Appeals Court Rules in Favor of Crypto Exchange Against Bank appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico