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​Bitfinex Will Soon Finish Turning Documents Related To The $850M Fraud Case To The NYAG

Mary Liu

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

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Link: ​Bitfinex Will Soon Finish Turning Documents Related To The $850M Fraud Case To The NYAG   [Copy]
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