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Bitfinex Must Face New York’s Accusations Over the Loss of $850M in Co-Mingled Funds

Bitfinex Must Face New York’s Accusations Over the Loss of $850M in Co-Mingled Funds | Bitcoin News

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 the company put forth the argument that tether (USDT) was not a security or traditional commodity.







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