New York Supreme Court Denies Bitfinex’s Lack-of-Jurisdiction Claim
iFinex claimed the NY AG lacked sufficient jurisdiction for an investigation into the company's activities.
“While we believe this is a pretty sad attempt at a shakedown, we take it seriously," the company tweeted.
FINRA, the SEC and the New York Attorney General’s Office are all making enquiries into the trading app provider.
New York Attorney General Letitia James issued an alert to cryptocurrency investors and a strongly worded warning to industry participants.
The document production process has already stretched over a year.
In a sharply worded brief, the New York Attorney General's Office has criticized the exchange's tactics in its case involving the Tether stablecoin's backing.