As we previously reported, for over a year the New York Attorney General has been seeking to enforce an investigative subpoena under New York’s expansive Martin Act against cryptocurrency exchange Bitfinex and its affiliated companies that issue the Tether stablecoin.
Continue Reading Appellate Court Greenlights NYAG’s Bitfinex Investigation
Martin Act
New York Attorney General Announces Court Order Against Crypto Exchange
By Scott H. Kimpel on
Posted in Crypto Exchanges, Cryptocurrencies
On April 25, 2019, the New York Attorney General announced that it had obtained a court order enjoining iFinex Inc. (operator of the Bitfinex digital asset trading platform), Tether Limited (issuer of the “tether” stablecoin) and their affiliated entities from further violations of New York law in connection with ongoing activities that the Attorney General alleges may have defrauded New York investors that trade in virtual currencies. …
Continue Reading New York Attorney General Announces Court Order Against Crypto Exchange