Regulatory · April 25, 2019
NY AG accuses Bitfinex of covering an $850M loss with Tether funds
Price at event
$5,163
Today
$73,594
Since then
×14.3
The New York Attorney General obtains a court order alleging Bitfinex used Tether reserves to secretly cover an $850 million shortfall — the start of years of scrutiny over Tether's backing.
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