Bitfinex, Tether Must Stop Trading in New York and Pay $18.5 Million Fine – Decrypt
New York Attorney General Letitia James has required Bitfinex and to stop trading in New York, according to a statement today. The two firms will pay $18.5 million to settle with the NYAG. “Bitfinex and Tether recklessly and unlawfully covered-up massive financial losses to keep their scheme going and protect their bottom lines,” said Attorney General James.