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  • New York State Supreme Court building in Lower Manhattan showing the words "The True Administration of Justice" on its facade (via Shutterstock).
    New York State Supreme Court building in Lower Manhattan showing the words "The True Administration of Justice" on its facade (via Shutterstock).
    Tether

    NY Attorney General accuses Bitfinex of using Tether’s reserves to hide $850 million loss

    Already under a cloud, Tether/Bitfinex’s woes mount

    April 25, 2019 /

    Controversial cryptocurrency exchange Bitfinex is alleged to have tapped into reserves of the stablecoin issued by sister company Tether to cover up $851 million in losses last year, New York Attorney General Letitia James charged on Thursday.

    Read More
    Leo Jakobson
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