Tether/Bitfinex Settle Suit With NYAG…
The Tether/Bitfinex ordeal is over….they’ve settled with the NYAG for $18.5 milllion…and to stop servicing NY clients…
Settlement With NYAG Reached: Tether and Bitfinex to Pay $18.5M and Stop Servicing NY Clients
“After nearly two years of the ongoing case, Tether and Bitfinex have settled with the NYAG’s office and agreed to pay $18.5 million as part of the settlement deal.
Tether and Bitfinex will no longer be able to trade with New York citizens and will have to pay $18.5 million in penalties as their two-year-long legal case with the New York Attorney General office came to an end.”