New York Attorney General Letitia James just demanded that embattled cryptocurrency exchange Bitfinex and stablecoin-issuer Tether keep searching for documents that will help her office prove the sister companies committed fraud.
Tether and Bitfinex win stay of NY Attorney General’s fraud suit
An appellate court will revisit the question of whether Attorney General Letitia James has standing to sue the stablecoin issuers and cryptocurrency exchange
On September 24, a New York appeals court stayed a lower court’s order that would have forced iFinex and its subsidiaries to turn over documents to help the attorney general’s fraud and securities law suit.
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.
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.