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NY AG’s $850M Probe of Bitfinex, Tether Ends in an $18.5M Settlement

In a closely watched case with wide-ranging implications for the crypto market, Tether has admitted no wrongdoing and will provide reports on USDT’s reserve composition for two years.

New York Attorney General Letitia James. The NYAG's office settled a long-running investigation into Bitfinex and Tether.
New York Attorney General Letitia James. The NYAG's office settled a long-running investigation into Bitfinex and Tether.