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Bitfinex Faces Legal Action From NY Attorney General: Here’s What This Means

The New York Office of the Attorney General (AG) wants to take a closer look into the business operations of Bitfinex and related stablecoin issuer Tether (USDT). According to a legal petition filed with the Supreme Court of New York, the NY Attorney General Office of Letitia James is applying for a court order to investigate Bitfinex’s suite of interrelated companies (including its umbrella firm iFinex and Tether Holdings Limited) for “ongoing fraud” to the tune of $850 million. дальше »

2019-4-27 01:30


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Following Expansions, Japanese Regulator Investigates Local Crypto Exchanges

Japan’s Financial Services Agency (FSA) is looking into two major cryptocurrency exchange platforms as part of an investigation. According to a report published by Reuters Japan on April 23, 2019, the investigation by the financial watchdog is connected to the legal compliance and customer protection standards of trading platforms Fisco Digital Asset Group (FDAG) and Huobi Japan, the Japanese subsidiary of Huobi Global. дальше »

2019-4-24 22:55


BitMEX Exchange Sees $41 Million Liquidated to Make Bitcoin Price Drop $100 via Margin Trading

Bitcoin has dropped almost $100 on February 25 after being traded close to $3,900. This Bitcoin price decrease can be related to the fact that $41 million have been liquidated on BitMEX. According to the Reddit user Coinsmash1, this liquidation moved Bitcoin’s price $100 down, equal to 2.5% of its price in just a few […] дальше »

2019-2-28 03:31