Attorney General James Ends Virtual Currency Trading Platform Bitfinex's Illegal Activities in New York
Bitfinex and Tether Must Submit to Mandatory Reporting on Efforts to Stop New York Trading Bitfinex and Tether Deceived Clients and Market by Overstating Reserves, Hiding Approximately $850 Million in Losses Around the Globe NEW YORK – New York Attorney General Letitia James today continued her efforts to protect investors from fraudulent and deceptive virtual or “crypto” currency trading platforms by requiring Bitfinex and Tether to end all trading activity with New Yorkers. Millions around the country and the world today use virtual currencies as decentralized digital currencies â€...