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> rapidly approaching court date with the New York Attorney General OH MAN! I thought they settled already but I guess this is still on going. Do you have more
by f430 6y ago
> rapidly approaching court date with the New York Attorney General
OH MAN! I thought they settled already but I guess this is still on going. Do you have more details on this? I really think Bitfinex's defence is very weak and they could be charged with wire fraud and money laundering.
If what I hear is true then the drug cartels have been successfully using cryptocurrencies and bitfinex to allegedly launder their money and its participants and speculators may have played a role.
I expect many people to face the courts or head to jail.
- 40four 6y agoYeah, I'm not super well versed on this, I think they settled a separate issue a while ago you might be thinking of. It's surprisingly hard to find info on this, buried in a bunch of crap to do with the bitcoin going nuts. I'll dig through my history I read something the other day. Maybe 'court date' wasn't the right thing, but some sort of deadline is soon, and they don't want to extend any more. Here's a few things https://www.nasdaq.com/articles/tether-mints-record-2b-usdt-in-one-week-2021-01-11 https://www.nasdaq.com/articles/tether-mints-record-2b-usdt-... https://www.coindesk.com/nyag-tether-bitfinex-loan-documents-coming-weeks https://www.coindesk.com/nyag-tether-bitfinex-loan-documents... https://finance.yahoo.com/news/york-attorney-general-bitfinex-tether-011537028.html https://finance.yahoo.com/news/york-attorney-general-bitfine...
- f430 6y agoI've been following this very carefully. My popcorn is in the microwave and I believe that we may finally see the biggest comedy gold yet.