Bitfinex/Tether Appeal Against NYAG’s Order on Motion

New York Supreme Court Judge Joel M. Cohen had passed a judgement on 19th Aug that Bitfinex and Tether must provide all documents to the New York Attorney General (NYAG) about an alleged $850 million cover up case within 90 days. Bitfinex has finally taken a stance and appealed against the judgement.

As per the appeal, Attorneys for the companies filed a motion to dismiss the NYAG’s case entirely and claimed that NYAG did not have any jurisdictional authority over the companies thus successfully getting a Stay Order for the investigation until further judgement.

The post appeared first on Coinpedia

Buy Bitcoin with Credit Card

BitMex Leverage Trading

Automated Trading Bot

Related Posts

Leave a Reply

Bitcoin (BTC) $ 69,580.64 1.63%
Ethereum (ETH) $ 2,440.73 0.16%
Tether (USDT) $ 1.00 0.14%
BNB (BNB) $ 564.17 1.00%
Solana (SOL) $ 165.85 1.67%
USDC (USDC) $ 1.00 0.05%
XRP (XRP) $ 0.509751 0.01%
Dogecoin (DOGE) $ 0.174928 10.45%
Lido Staked Ether (STETH) $ 2,439.43 0.06%
TRON (TRX) $ 0.161881 1.29%