Mayor Eric Adams wants to make New York City the biggest crypto hub in America, but there are a host of obstacles in his way.
Three other platforms were asked to provide information about their activities and products.
The company was temporarily shut down in June via a preliminary injunction.
Our Freedom of Information Law (FOIL) request asked for the release of any documents attesting to Tether’s reserve composition.
Andrew Borrok appointed a receiver for the embattled automated trading app.
The action follows allegations of fraud against the app in February.
New York Attorney General Letitia James issued an alert to cryptocurrency investors and a strongly worded warning to industry participants.
“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.
The document production process has already stretched over a year.