Browsing the "NYAG" Tag

NYAG Pushes Back on Bitfinex’s Claim That State’s Investigation Is Burdensome

| Nikhilesh De

The New York Attorney General office pushed back on Bitfinex's complaints about the cost of complying with the agency's demands for documents.

$500K, 60 Lawyers: Filing Reveals Costs of Bitfinex’s Fight With NY Regulators

| Nikhilesh De

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.

justice, law, crime

Judge Punts on Decision in New York Case Against Bitfinex and Tether

| Nikhilesh De

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: ‘New York Customers’ Cited by NYAG Are Foreign Entities

| Nikhilesh De

Supposed New York residents and companies that used Bitfinex's trading platform were actually "foreign entities," according to a new filing by the…

Metropolitan Bank Says It Shut Down Tether’s Account After 5 Months

| Nikhilesh De

Metropolitan Commercial Bank maintained accounts for Tether and affiliated companies for less than half a year before shutting them down.

NYAG: Bitfinex, Tether Served New York Residents Longer Than They Claim

| Wolfie Zhao

The New York Attorney General's Office (NYAG) has submitted a series of new evidence to prove the crypto exchange Bitfinex and Tether had served New…

Bitfinex Repays Tether $100 Million of $700 Million Loan

| Nikhilesh De

Bitfinex said it has paid back $100 million of the $700 million borrowed from stablecoin issuer Tether.

Tether Ordered to Freeze Transfers to Bitfinex by New York Supreme Court

| Nikhilesh De

A New York Supreme Court judge ordered stablecoin issuer Tether to refrain from loaning any funds to Bitfinex or other parties during an ongoing…

Bitfinex and Tether Ask Court to Loosen NYAG’s Fund Restrictions

| Nikhilesh De

Tether has asked a judge for more leeway to use its cash amid the New York Attorney General's investigation of it and Bitfinex.

Judge Asks NYAG to Narrow Scope of ‘Amorphous’ Bitfinex Document Request

| Nikhilesh De

A judge has ordered Bitfinex to turn over documents to the New York Attorney General, but only once the scope of the request is narrowed.