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Bitfinex Will Soon Finish Turning Documents Related To The $850M Fraud Case To The NYAG
Summary: Bitfinex's lawyer Charles Michael said in court on Tuesday that Bitfinex expects to turn documents related to the "$850 million fraud case" to the New York Attorney General (NYAG) in the next few weeks. In April 2019, NYAG accused Bitfinex of using a huge Tether loan to cover up its $850 million account deficit and ...
Bitfinex's lawyer Charles Michael said in court on Tuesday that Bitfinex expects to turn documents related to the "$850 million fraud case" to the New York Attorney General (NYAG) in the next few weeks.
In April 2019, NYAG accused Bitfinex of using a huge Tether loan to cover up its $850 million account deficit and filed a lawsuit against Bitfinex and Tether.
According to the statement of Michael, the parent company iFinex has prepared a lot of materials for NYAG, and the next update will be completed within 30 days.
By Mary Liu
Tags: Bitfinex,ifinex,Lawsuit,NYAG,Tether
Link: Bitfinex Will Soon Finish Turning Documents Related To The $850M Fraud Case To The NYAG [Copy]
