While talking about the world Ripple case, there have been new developments in Bitfinex and Tether. New York Attorney General, Bitfinex and Tether investigation announced his decision regarding.
The cryptocurrency market is shaking! Bitfinex and Tether investigation concluded
On the one hand Elon Musk While trying to activate the crypto money market, the trial processes of some crypto currencies, especially Tether and Ripple, continue.
Early February 50 percent Ripple, which broke its own record with the increase, has become the favorite of many investors. The US courts have not yet decided on Ripple, which has fluctuated due to the lawsuit process.
Attorney General Letitia James, Bitfinex and Tether have illegally covered up huge financial losses to continue their plans and protect their bottom line. ”Used expressions.
Indexed to dollars and stabilecoin Tether, on the other hand, was caught on the radar of the New York Attorney General on the grounds that fraudulent transactions were carried out. With the announcement made today, both Bitfinex and Tether 18 billion dollars was fined.
The alleged deceitful act and iFinex Bitfinex, known as the subsidiary of the company named, decided to stop its operations in New York by making a compromise with Tether.
It is not yet known whether other states will work on this issue.