After the shady deal between Tether USDT and Bitfinex and the false reserve fund of the Tether, team which leads to the lawsuit issue by the New York Attorney General back in the year 2019.
On February 23rd, 2021. New York Attorney General Letitia James today continued her efforts to protect investors from fraudulent and deceptive virtual or “crypto” currency trading platforms by requiring Bitfinex and Tether to end all trading activity with New Yorkers and also pay a settlement fee of $18.5 million.
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