Bitfinex and Tether Faces Charges From NYAG

The Office of the NYAG (New York Attorney General) has put cases on Bitfinex and Tether companies for allegedly never serving New York residents. Attorney Stuart Hoegner stated, “Although those foreign entities may have shareholders or personnel who reside in, or otherwise have contact with, the United States or New York, Bitfinex’s and Tether’s customers are the foreign entities themselves, Bitfinex and Tether do not transact with any New York ECPs.”

Leave a Reply

Your email address will not be published. Required fields are marked *