{"id":33205,"date":"2020-12-11T11:49:57","date_gmt":"2020-12-11T09:49:57","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=33205"},"modified":"2025-08-28T12:43:07","modified_gmt":"2025-08-28T09:43:07","slug":"new-york-attorney-general-secures-documents-from-bitfinex-and-tether","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/new-york-attorney-general-secures-documents-from-bitfinex-and-tether\/","title":{"rendered":"New York attorney general secures documents from Bitfinex and Tether"},"content":{"rendered":"<p>The New York attorney general&#8217;s office will obtain documents regarding mutual financial dealings between the cryptocurrency exchange Bitfinex and Tether, according to a letter from the office to Judge Joel Cohen.<\/p>\n<p><!--more--><\/p>\n<p>At the September 17 hearing, the court <a href=\"https:\/\/u1f987.com\/en\/news\/court-orders-bitfinex-and-tether-to-hand-over-documents-to-new-york-attorney-general\">ordered Bitfinex and Tether<\/a> to hand over the requested documentation within 90 days. Intercompany transfers were barred for the same period.<\/p>\n<p>The NYAG asked for the deadline to produce the documentation for iFinex, Bitfinex&#8217;s parent company and issuer of the stablecoin Tether, to be extended to January 15, 2021.<\/p>\n<p>The prosecution contends that the defendant was involved in preparing the papers, and the production process will be completed &#8216;in the coming weeks&#8217;.<\/p>\n<p style=\"margin: 12px auto 6px auto; font-family: Helvetica,Arial,Sans-serif; font-style: normal; font-variant: normal; font-weight: normal; font-size: 14px; line-height: normal; font-size-adjust: none; font-stretch: normal; -x-system-font: none; display: block;\"><a style=\"text-decoration: underline;\" title=\"View 450545 2019 in the Matter of the I v in the Matter of the I LETTER CORRESPONDEN 139 on Scribd\" href=\"https:\/\/www.scribd.com\/document\/487744012\/450545-2019-in-the-Matter-of-the-I-v-in-the-Matter-of-the-I-LETTER-CORRESPONDEN-139#from_embed\">450545 2019 in the Matter of the I v in the Matter of the I LETTER CORRESPONDEN 139<\/a> by <a style=\"text-decoration: underline;\" title=\"View ForkLog's profile on Scribd\" href=\"https:\/\/www.scribd.com\/user\/456422024\/ForkLog#from_embed\">ForkLog<\/a> on Scribd<\/p>\n<p><iframe loading=\"lazy\" id=\"doc_74077\" class=\"scribd_iframe_embed\" title=\"450545 2019 in the Matter of the I v in the Matter of the I LETTER CORRESPONDEN 139\" src=\"https:\/\/ru.scribd.com\/embeds\/487744012\/content?start_page=1&#038;view_mode=scroll&#038;access_key=key-emcTqfQ4Rr1BKzJcqZz9\" width=\"100%\" height=\"600\" frameborder=\"0\" scrolling=\"no\" data-auto-height=\"false\" data-aspect-ratio=\"0.7676595744680851\"><\/iframe><\/p>\n<p>In April 2019, the NYAG accused Bitfinex of attempting to conceal a loss of $850 million through Tether reserves. The exchange disputed the claims.<\/p>\n<p>Later, the New York Supreme Court ordered Bitfinex to hand over documents relating to the loss of access to fiat funds.<\/p>\n<p>Earlier, the company sought to challenge this decision but lost on appeal.<\/p>\n<p>Follow ForkLog&#8217;s news on <a href=\"https:\/\/vk.com\/forklogcom\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">VK<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The New York attorney general&#8217;s office will obtain documents regarding mutual financial dealings between the cryptocurrency exchange Bitfinex and Tether, according to a letter from the office to Judge Joel Cohen.<\/p>\n","protected":false},"author":1,"featured_media":33206,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[95,1162],"class_list":["post-33205","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitfinex","tag-court-cases"],"aioseo_notices":[],"amp_enabled":true,"views":"26","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/33205","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=33205"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/33205\/revisions"}],"predecessor-version":[{"id":33207,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/33205\/revisions\/33207"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/33206"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=33205"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=33205"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=33205"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}