NY attorney general reaffirms jurisdiction over iFinex, Bitfinex and Tether continued operations in New York until 201996

Recently released court filings from the New York Attorney General’s Office (NYAG) showed that Bitfinex and Tether both operated in New York from 2017 to early 2019, despite claiming they had ceased all operations in the state. As such, the NYAG likely has jurisdiction over iFinex allowing proceedings to continue.

The case against iFinex, the parent company of Tether and Bitfinex, shows no signs of stopping. The company was accused by the New York Attorney General’s Office (NYAG) of conducting illegal operations in New York and having an unlawful relationship between its two legally distinct entities.

Original source
https://cryptoslate.com/ny-attorney-general-reaffirms-jurisdiction-ifinex-bitfinex-tether/

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