Bitfinex Threatened by New York Attorney General’s Preliminary Injunction By Cryptovest

The New York Attorney General is attempting to make its case against Bitfinex through a recent preliminary injunction, and the iFinex operator, Tether, Inc. and Bitfinex have cried out at the methods. The NYAG recently received a court order to refine its demands on the exchange, and make a narrower case on the faults of the companies.

The NYAG injunction follows the admission on the side of Bitfinex that the exchange has lost access to $850 million in fiat, held with its payment provider Crypto Capital.

Bitfinex has complained that the acti…

This article appeared first on Cryptovest

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