New York Attorneys' Office has resumed attempts to obtain documents on Bitfinex and Tether transactions The cryptocurrency exchange Bitfinex and the New York Attorney's Office (NYAG) are due to be contacted via videoconference next Thursday, September 17. This decision was made by the judge after an appeal from NYAG.

New York Prosecutors Resume Attempts To Get Documents On Bitfinex And Tether Transactions

Cryptocurrency exchange Bitfinex and the New York Attorney's Office (NYAG) are due to contact via videoconference next Thursday, September 17th. This decision was made by the judge after the appeal of NYAG.

The prosecutor's office is seeking documents from iFinex that would shed light on the relationship between its two subsidiaries Bitfinex and Tether. According to the prosecution, they tried to hide the loss of Bitfinex $ 850 million through a loan from Tether reserves.

NYAG previously secured a court order to provide it with documents key to the current investigation, and iFinex lost an appeal in July. As a result, she should have submit the requested documents within 60 days, but did not do so.

“During the conference, we will ask the court to issue an order on the immediate provision of documents and information by the defendants in accordance with the request of April 24 2019", - said in the appeal of the prosecutor's office.

She also asks for an extension of the injunction stating that Tether can no longer borrow money from Bitfinex..

“Despite our best efforts, we were unable to come to a common solution,” said a Bitfinex spokesman. - Although we still want to discuss possible ways to resolve the dispute, we will provide an answer in due course. We will continue to adhere to a fair and reasonable process. ".

 

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