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Author Topic: NY Prosecutors Allege say Bitfinex Covered $850 Million Loss  (Read 1746 times)

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NY Prosecutors Allege say Bitfinex Covered $850 Million Loss
« on: April 28, 2019, 10:18:25 AM »

Yesterday, them New York Attorney General’s office don alleged say cryptocurrency exchange Bitfinex Don loose $850 million and subsequently used funds from them affiliated stablecoin operator Tether to secretly cover them shortfall.

According to them press release issued yesterday, NYAG Letitia James announced say she don obtained court order against iFinex Inc., wey operates with both Bitfinex and Tether, ordering them to go cease violating New York law and defrauding New York residents them. Later, Bitfinex respond to issuing the following statement:
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NY Prosecutors Allege say Bitfinex Covered $850 Million Loss
« on: April 28, 2019, 10:18:25 AM »

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