The New York attorney general's office wants Tether and Bitfinex to submit dollar cases immediately.

09月
09
2020-9-9 10:21
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According to CoinDesk, on September 9, the New York Attorney General's Office (NYAG) asked Tether and Bitfinex to immediately release a report on lines of credit extended by companies and information affecting corporate relationships. Previous NYAG research by two companies found that NYAG only supports about 74% of its USDT stake in the current, stable USDT. However, Tether said the token is fully backed up, but did not specify the makeup of the deposits. According to previous reports, New York attorneys used the firm's Tether to cover financial shortfalls after allegations Bitfinex lost $ 850 million to consumers and banks in the fourth quarter of 2019. Tether and Bitfinex have filed an appeal, but the appeal was dismissed by a court in July 2020. The court upheld the decision and found the two companies to submit information about the credit suit and the relationship between the two companies.

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2020-9-9 10:16

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