iFinex, the parent company of crypto exchange Bitfinex and Tether—issuer of the eponymous stablecoin Tether—has provided millions of documents to the New York Attorney General in regards to its investigation. The state prosecutor’s investigation is into the alleged lack of disclosures over a missing $850 million that was seized by police from its previous banking partner.
The firm asked the New York State Supreme Court for a “few more weeks to produce supplemental information.”
In a letter submitted on January 19, iFinex says it is planning to contact the court in the next 30 days “to either provide a final status update or to schedule a conference to discuss any open items.”
Source Link