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The 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.
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Ifinex Inc, parent firm of Bitfinex, finds its ongoing legal troubles further complicated as a November lawsuit has been withdrawn by the plaintiff and refiled in a new district. The company, whose close affiliations with both the Bitfinex crypto exchange and stablecoin Tether have continually raised suspicion, now faces at least three ongoing legal battles. […]
The post Bitfinex ‘Copycat’ Lawsuit Withdrawn and Then Refiled in New District appeared first on Bitcoin News.
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More than half the year is behind us and the cryptocurrency ecosystem continues to move forward, showing relentless growth over the last six months. 2019 has also seen a new theme arise as speculators believe the cryptocurrency ecosystem is experiencing an influx of institutional interest and regulatory crackdowns. A variety of cryptocurrency research reports analyzing […]
The post Research Reports Show Positive Crypto Industry Growth in H1 2019 appeared first on Bitcoin News.
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