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Tether And Bitfinex Settle With the New York Attorney General's Office
23.2.2021
Source: iStock/standret, Cryptonews.com
Major crypto exchange Bitfinex and Tether, the issuer of the most popular stablecoin, tether (USDT), said they have reached a settlement of legal proceedings with the New York Attorney General’s Office.
"After 2.5 years and 2.5m pages of info shared,...
US Authorities Take Action to Shut Down Crypto Trading Platform Allegedly Defrauding Thousands of Investors
19.2.2021
The New York attorney general and the U.S. Securities and Exchange Commission (SEC) have filed charges against a cryptocurrency trading platform that allegedly defrauded thousands of investors out of over a million dollars. US Regulators Allege Coinseed Operates Illegal Crypto Trading Platform...
New York AG accuses Coinseed of defrauding investors
18.2.2021
The New York Attorney General has filed a lawsuit against crypto investment platform Coinseed for allegedly defrauding investors and selling a token that remains unlisted three years later
Looming Legal Issues and Transparency Questions Fail to Dent Tether’s Momentum
6.2.2021
Tether has never been more popular. A quick look at Coinmarketcap data underscores this point, with 24-hour trading volume in USDT (US dollar-denominated Tether) exceeding both Bitcoin and Ethereum combined. Users of the Legacy Stablecoin Show No Sign of Relenting A slow-rolling lawsuit brought...
Bitfinex Says It’s Nearly Done Turning Over Documents to NYAG
19.1.2021
The document production process has already stretched over a year
Bitfinex Executives Deny Allegations of Issuing USDT to Pump BTC – “Tether Backed by Cash Assets and a Loan”
13.1.2021
Bitfinex general counsel Stuart Hoegner has dismissed the notion that only 74% of the tether stablecoin in circulation is fully backed. Hoegner insists the stablecoin is fully backed by assets that include cash, cash equivalents as well as bitcoin. However, both Hoegner and the company’s...
With Bill Barr leaving the DoJ, what will the next Attorney General do about crypto?
15.12.2020
Attorney General William Barr tendered his resignation to President Trump last night, opening up the conversation as to how a Biden-appointed successor will handle crypto
New York Attorney General Says Bitfinex, Tether Could Complete Loan Document Handover in ‘Weeks’
11.12.2020
The NYAG has said Tether and Bitfinex have been cooperating in its inquiry, which is expected to progress more quickly once the documents are provided
NY Attorney General expects documents within weeks in Bitfinex/Tether case
11.12.2020
The New York Attorney General’s Office has reported that Ifinex is cooperating in producing documents regarding Bitfinex and Tether’s business relations from April 2019
Blockchain-Backed Election Art Sells for $66K, Animation Changes After Electoral College Decision
11.11.2020
While Americans wait for the official outcome of the electoral college, a blockchain-backed non-fungible token (NFT) called “Crossroad” will change to one of two animations featuring the 45th U.S. President Donald Trump. The animated election-based “Crossroad” NFT recently...
US Government Moves to Regulate Cryptocurrencies After Attorney General Publishes Enforcement Framework
10.10.2020
United States Attorney General (AG) William Barr says the recent publishing of the Cryptocurrency Enforcement Framework will help law enforcement to fight elements using digital currencies for illicit ends. Produced by the AG’s Cyber-Digital Task Force, the framework provides law enforcement...
US attorney general releases guidelines for enforcing crypto laws
8.10.2020
Regulation and guidance continue to come in hot from the land of the free
US Attorney General Releases Cryptocurrency Enforcement Framework
8.10.2020
U.S. Attorney General William P. Barr announced Thursday the release of “Cryptocurrency: An Enforcement Framework,” a publication produced by the Attorney General’s Cyber-Digital Task Force.
Stripe to Pay $120,000 in PlexCoin ICO Settlement With Massachusetts Attorney General
21.9.2020
The payments processor facilitated millions of dollars of PlexCoin investments before shuttering accounts in September 2017
New York Attorney General to Bitfinex and Tether: ‘Delays Must Stop’
15.9.2020
Bitfinex and Tether shouldn’t need more than two months to produce documents about USDT issuances and past operations in New York first ordered 17 months ago, an NYAG lawyer argued in a letter Monday
California's Attorney General Warns People to Be Wary of Crypto Scams
7.8.2020
California authorities recently came out with a fresh cautionary statement on crypto crime
Bitfinex Must Face New York’s Accusations Over the Loss of $850M in Co-Mingled Funds
10.7.2020
The popular digital currency trading platform, Bitfinex must deal with the New York Office of the Attorney General (NYAG) over the alleged hiding of over $800 million in client and corporate funds. The NY state Supreme Court’s Appellate Division overruled an appeal on Thursday, after...
Romanian Programmer Admits Conspiring to Create $722M Bitclub Ponzi Scheme
10.7.2020
A Romanian man admitted Thursday to conspiring to engage in wire fraud and selling unregistered securities linked to Bitclub Network, a cryptocurrency mining Ponzi scheme worth at least $722 million. Silviu Catalin Balaci, 35, a Romanian citizen appeared before U.S. District Judge Claire C. Cecchi....
Israeli Banks Should Not Deny Services to Crypto Firms: Attorney General
20.2.2020
Israeli banks should not deny services to firms involved with crypto, attorney general Avichai Mandelblit said
Silk Road Mentor’s Arrest Rekindles Tales of Rogue Agents and Pirate’s Treasure
3.2.2020
On January 30, the United States Attorney for the Southern District of New York (SDNY) revealed that Roger Clark, the alleged senior advisor to the Silk Road marketplace, pleaded guilty to conspiring to distribute massive quantities of narcotics. Clark, otherwise known as ‘Variety...