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Bitfinex And Tether Responded To New York Prosecutors’ Allegations

Liang CHE

Summary: On April 25, news from the New York Attorney General (NYAG) office said that the cryptocurrency exchange Bitfinex used the funds of the stable currency operator Tether to make up for its loss of up to $850 million. Later, Bitfinex and Tether responded, saying that the allegations are full of "false assertions."

On April 25, news from the New York Attorney General (NYAG) office said that the cryptocurrency exchange Bitfinex used the funds of the stable currency operator Tether to make up for its loss of up to $850 million. Later, Bitfinex and Tether responded, saying that the allegations are full of "false assertions."

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