The crypto community has been laser focused on the current dilemma between Bitfinex exchange and New York prosecutors over the loss of $900 million of co-mingled customer and corporate funds. After the craziness last week, the New York Attorney General’s (NYAG) office has now demanded that Bitfinex must show transparency by turning over documents tied to the firm Tether.
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NYAG Wants Bitfinex Disclose Tether Documents
News.Bitcoin.com recently reported on the NYAG court documents that accuse the cryptocurrency exchange Bitfinex of losing $850 million and using the stablecoin company Tether to cover the loss. The Bitfinex and Tether saga has continued into its second week with the NYAG office and the Attorney General Letitia James demanding Bitfinex release documents concerning the Tether situation. The recent filing explains that the NYAG office believes Bitfinex has had more than enough time to resolve the situation and the…