Tether’s Banking Relationships, Commercial Paper Exposure Detailed in Newly Released Legal Documents
Tether’s banking relationships were detailed in a rare but limited window into the reserves behind USDT, the crypto market’s largest stablecoin, in documents obtained by CoinDesk under a Freedom of Information Law request.
Is Ether a Security?
Last Thursday morning, I wondered whether I needed to write a follow-up piece about Silvergate Bank. On Thursday evening, I wondered whether my main topic should instead be about ether potentially being a security. And then, obviously, some things happened.
Ether a Security? That Could Have Huge Ramifications for Crypto, Legal Expert Says
Should ether be deemed a security at the state level, it may lead to federal laws ultimately being settled in, Pennsylvania State University Dickinson Law Professor Tonya Evans, says.
CoinEx crypto exchange sued by New York for failing to register with state
The NY Attorney General is looking for a court order to remove the exchange from the state and wants it to block all internet addresses originating from New York.
NY Attorney General Sues Crypto Exchange CoinEx, Alleges AMP, LBC, LUNA and RLY Tokens Are Securities
The New York State Attorney General’s office sued crypto exchange CoinEx, arguing it was an unregistered securities broker and commodity broker-dealer under state law.
Here’s why $16.5K is critical for November’s $1.14B Bitcoin options expiry
BTC bulls were liquidated during the drop to $15,500 on Nov. 21, and more downside could occur if bears profit $245 million during Friday’s expiry.
NYAG shuts down Coinseed for converting customer funds into DOGE without consent
New York Attorney General Letitia James ends operations for Coinseed following complaints that client funds had been converted to DOGE without their knowledge.
Crypto investment platform Coinseed shuts down amid NYAG lawsuit
Coinseed also created an ERC-20 token whose message is targeted at New York Attorney General Letitia James.
New York Attorney General Says Bitfinex, Tether Could Complete Loan Document Handover in ‘Weeks’
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.
Judge Orders Bitfinex to Turn Over Tether Loan Documents (Again)
A New York judge eordered Bitfinex and Tether to turn over financial documents to the New York Attorney General’s office, but left the timing to the parties to coordinate.
New York Attorney General to Bitfinex and Tether: ‘Delays Must Stop’
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.
NYAG Asks Court for New Order to Make Bitfinex Turn Over Tether Loan Documents
The New York Attorney General’s office wants Tether and Bitfinex to immediately turn over documents detailing a $900 million line of credit.
SEC Charges Shopin CEO With Fraud Over Unregistered $42M ICO
The U.S. Securities and Exchange Commission (SEC) has charged Shopin and its founder Eran Eyal with fraud after a $42 million initial coin offering. The SEC announced Wednesday that Eyal had been charged with defrauding investors by selling unregistered securities in the form of Shopin Tokens. While Eyal was supposed to develop a platform which […]
Tether to File Motion With NYAG to Dismiss Class Action Lawsuit
The company claims that plaintiffs cannot prove Tether transactions caused bitcoin’s surge or that damages were incurred.
Bitfinex Doesn’t Have to Compile Documents During Appeal, Judge Says
A New York judge has rejected the state attorney general’s request to have Bitfinex and Tether compile documents about a loan during an ongoing appeal.
NYAG to Court: Don’t Let Bitfinex Keep Stonewalling Our Investigation
Bitfinex may be enjoying a break from having to produce documents to investigators, but it should be ready for when the reprieve ends, the NYAG said.
Bitfinex Can Stop Turning Over Documents to NYAG, Appeals Court Rules
The Appellate Division of the New York Supreme Court has ruled that Bitfinex can stop turning over documents to state investigators – for now, at least.
NYAG Pushes Back on Bitfinex’s Claim That State’s Investigation Is Burdensome
The New York Attorney General office pushed back on Bitfinex’s complaints about the cost of complying with the agency’s demands for documents.
$500K, 60 Lawyers: Filing Reveals Costs of Bitfinex’s Fight With NY Regulators
Bitfinex has spent half a million dollars producing documents in its ongoing battle with the New York Attorney General’s office, a new filing says.
