A New York judge has rejected the state attorney general's request to have Bitfinex and Tether compile documents during an ongoing appeal.
Bitfinex and sister company Tether caused more than $1 trillion in damages to the crypto market, a new lawsuit claims.
Bitfinex may be enjoying a break from having to give documents to investigators, but it should be preparing for when the reprieve ends, the NYAG said.
A division of the New York Supreme Court has ruled Bitfinex can stop turning over documents to state investigators.
Tether is planning to issue a new stablecoin backed by Chiense yuan held in a bank in Belgium, says Bitfinex shareholder Zhao Dong.
iFinex claimed the NY AG lacked sufficient jurisdiction for an investigation into the company's activities.
The New York Attorney General office pushed back on Bitfinex's complaints about the cost of complying with the agency's demands for documents.
Bitfinex has spent half a million dollars producing documents in its ongoing battle with the New York Attorney General's office, a new filing says.
A New York judge has delayed making a decision on whether Bitfinex and Tether need to turn over documents to the state Attorney General.
Bitfinex says it won't sell its LEO tokens to U.S. investors. But two such entities bought the asset via third parties.