iFinex, Inc. is embroiled in a lawsuit brought down by the New York attorney general as a result of a loan it received from Tether to cover more than $850 million that disappeared.
Poloniex will get $100 million to further expand its business, but American BSV customers will have to move on.
A roundup on recent Bitfinex and Tether news: Tether Treasury prints new USDT coins, while lawyers for Bitfinex appeal NYAG documents collection request.
It appears that Jennifer Robertson was able to find a way to make restitution after her deceased husband’s exchange fell into bankruptcy.
The exchange is winding down services as it couldn’t stay profitable, despite an anticipated bull market on the way.
Bithumb’s deal looks like it might fall apart as deadlines have been missed, and employees are being laid off.
Bitfinex is being sued, along with Tether, by the AG over questionable operations and has already had to deal with several setbacks.
The exchange has announced that BSV users will have to handle the fees for their arbitrary decisions.