Letitia James Archives - Page 4 of 7

Tether and Bitfinex staff hard at work getting documents in the case brought against them by New York Attorney General Letitia James (via Pixabay).

Tether

Bitfinex, Tether accused of stalling fraud investigation

The NY Attorney General’s office wants the exchange and stablecoin-issuer to keep giving it evidence while an appeals court decides whether to throw the case out

October 3, 2019 /

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.

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Leo Jakobson
New York County Courthouse, scene of crypto's Bonfire of the Sanities (via Pixabay).

Tether

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

September 24, 2019 /

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.

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Leo Jakobson
To quote Chairman Mao: "Where in the Red Book did I say anything about issuing tokens without backing assets?"

Asia & Australia, Tether

Tether takes on Chinese government’s currency monopoly because why not?

Asking for big trouble in big China

September 9, 2019 /

One of the worst kept secrets in crypto has finally to fruition: Tether is launching a stablecoin tied to the Chinese yuan.

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Lawrence Lewitinn
Regretfully, these are real gold bars and not gold-wrapped chocolate bars (via Pixabay).

Cryptocurrencies, Technology, Tether

Paxos and Binance to launch dollar-based stablecoin

Meanwhile, asset-backed PAX Gold hits market Thursday

September 5, 2019 /

Paxos Trust, the company behind stablecoin Paxos Standard, announced plans to launch two new asset-backed coins.

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Lawrence Lewitinn