Mutual Owners, Mutual Funds: What We Know About the Bitfinex/Tether Scandal
Both Bitfinex and Tether are in deep trouble due to allegedly misusing funds — learn more about one of the biggest crypto scandals of 2019 Go to Source Powered by WPeMatico
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The Burst of the Bitcoin Bubble: An Autopsy
An analysis of the bitcoin price movements and what tether and Bitfinex have to do with them, from a leading Italian economist Go to Source Powered by WPeMatico
NYAG Accusations ‘Filled With Inaccuracies,’ Says Bitfinex Letter to Users
The allegations made by the New York Attorney General about Bitfinex are “filled with inaccuracies and false assertions,” the exchange claimed in a recent letter to users Go to Source Powered by WPeMatico
Two Bitfinex Shareholders Say They’re Unconcerned by Insolvency Allegations
Two shareholders of the exchange said they are not concerned by the recent allegations of Bifinex’s insolvency Go to Source Powered by WPeMatico
Markets Update: Crypto Bulls Lose Footing After Stablecoin Controversy
Cryptocurrencies dropped in value yesterday after the New York Attorney General’s court filings against Bitfinex and Tether were published. Currently, the entire market capitalization is roughly $170 billion and most cryptocurrencies have lost 2-10% of their value since the announcement. Also read: Researchers Find Hundreds of Ethereum Wallets at Risk Due to Weak Key Pairs … Read more
Bitfinex Withdraws $89 Million From Cold Wallet as Users Signal Exodus Over Legal Debacle
Bitfinex has withdrawn funds worth almost $89 million from its cold wallets in the wake of the U.S. Attorney General’s accusations of covering up an $850 mln funding gap Go to Source Powered by WPeMatico
Tether Hits Back at Claims Its Reserves Were Used to Cover $850 Million Loss at Bitfinex
Tether has denied prosecutors’ claims that its reserves were used to cover an $850 million loss at Bitfinex Go to Source Powered by WPeMatico
Bitfinex Allegedly Covers $850 Million Loss With Tether Funds
According to a filing from the New York Attorney General’s office, Bitfinex lost $850 million and used Tether funds to hide it Go to Source Powered by WPeMatico
Crypto Exchange Emphasizes Privacy by Offering Coin Conversions Without an Account
A crypto exchange says its rivals ask for too many personal details and has launched a service where users can exchange coins without opening an account #SPONSORED Go to Source Powered by WPeMatico
Unlicensed Bitcoin Reseller Obtaining BTC from Bitfinex Faces Two-year Prison Sentence
Bitcoin users have often been a target for law enforcement agencies and governments. In the United States, that scrutiny is even bigger compared to most other countries around the world. One 22-year-old Bitcoin trader has now been sentenced to two years in prison and forfeiting financial assets for trading and selling Bitcoin in an unlicensed … Read more