Tether and NYAG reconciled: improving transparency is the solution

A long-term legal drama finally found a solution on February 23. The New York Attorney General’s Office (NYAG) announced that it had reached a settlement with Bitfinex after a 22-month investigation into the cryptocurrency exchange Bitfinex. Previously, Bitfinex had tried to conceal its losses by distorting the extent to which its USDT reserves were backed […]

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