The New York (NY) Supreme Court will modify the injunction against cryptocurrency exchange Bitfinex because it is vague and unclear. The injunction against the company’s digital currency business, was obtained by NYAG. The court made a ruling that Tether should not loan cryptocurrencies to the exchange, unless it is a standard recognized way of doing its commercial activities.
The Hong Kong based cryptocurrency exchange managed by iFinex Inc., revealed in an announcement that this particular motion was decided by Justice Joel Cohen.
https://coinidol.com/bitfinex-supreme-court/