iFinex owned Bitfinex and Tether finally settled with NYAG today after nearly a 2-year long court battle. NYAG has accused Bitfinex of misappropriating $850 million worth of funds and trying to cover it via borrowing from Tether. NYAG in its official statement said,
Bitfinex and Tether Settles Dispute With NYAG With $18.5 Million Penalty
coingape.com
23 February 2021 15:41, UTC