Bitfinex Granted 2 of 3 Subpoenas in Hunt for Missing Millions

[Tanimariya]

Cryptocurrency exchange Bitfinex has suffered a minor blow in its hunt for millions of dollars that went missing two years ago.

Bitfinex’s parent firm, iFinex Inc., is seeking to trace $850 million in user funds seized by authorities in four different countries after bank accounts held by its payment processor, Crypto Capital, were frozen in August 2018.

iFinex applied for subpoenas in Colorado, Arizona and Georgia in April, but the U.S. District Court of Georgia recently denied its request due to filing errors.
Read more: https://www.coindesk.com/bitfinex-granted-2-of-3-subpoenas-in-hunt-for-missing-millions