• 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 restarts Bitfinex, Tether investigation

    A judge ruled that Letita James’ office had jurisdiction to investigate the stablecoin-issuer’s bailout of the embattled cryptocurrency exchange

    News from New York Attorney General Letita James lawsuit against Bitfinex and Tether might finally be getting juicier. In an August 19 ruling, Judge Joel Cohen of the New York State Supreme Court shot down attempts by cryptocurrency exchange Bitfinex and its sister company, stablecoin issuer Tether, to shut down the civil action.

  • Tether

    NYAG ridicules Bitfinex, Tether court cost claims

    The companies already spent $500,000 fending off New York Attorney General Letitia James’ accusations of fraud and securities law violations

    New York State Attorney General Letitia James’s office called shenanigans yesterday on Bitfinex and Tether’s argument that it could spend $5 million defending itself from accusations of fraud.

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

    Judge kicks can down the road in NYAG Letitia James vs. Bitfinex, Tether

    Judge Joel M. Cohen gave himself more time to decide if New York can sue the cryptocurrency exchange and stablecoin issuer

    New York State Attorney General Letitia James’ case against stablecoin issuer Tether and its sister company, cryptocurrency exchange Bitfinex got a few months longer today.