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).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.
Trading crypto in New York isn't as easy as this picture makes it seem (composite image via Shutterstock).NY Attorney General Letitia James: Bitfinex, Tether lied about cutting off New Yorkers
A filing in her fraud suit over Tether’s $625 million loan said Bitfinex did business in New York as recently as May
Cryptocurrency exchange Bitfinex did business with New York-based customers and vendors as recently as this May, according to a filing made in State Supreme Court by the office of New York Attorney General Letitia James.
- New York State Supreme Court building in Lower Manhattan showing the words "The True Administration of Justice" on its facade (via Shutterstock).
Judge Joel Cohen orders New York Attorney General Letitia James to prove jurisdiction over Bitfinex and Tether
The New York State Supreme Court may throw out the charges if no New Yorkers were harmed
A court on May 22 ordered New York State Attorney General Letitia James to prove her office has the right to sue Bitfinex and Tether for fraud and securities law violations.