Business 21 August 2019

Bitfinex ‘disappointed’ as court rules $850M cover-up probe will proceed

Tether issued a statement in response to Monday’s New York State Supreme Court ruling, saying that they are “disappointed” but will file an appeal.

Business 20 August 2019

Bitfinex loses latest round against New York’s Attorney General

Bitfinex’s attempt to assert that New York has no jurisdiction over its operations, since it allegedly doesn’t operate in the U.S., has been rebuked.

Business 13 August 2019

SEC files emergency action against ‘crypto guru’ for $15 million fraud

Prosecutors want the self-styled crypto guru to stop raising funds for his tokens.

Business 2 August 2019

Bitfinex running out of time with NY Attorney General

Bitfinex have tested everyone’s patience just enough, and their excuses are getting tired.

Business 30 July 2019

Bitfinex, Tether to remain under investigation by New York AG

Cryptocurrency exchange Bitfinex and stablecoin issuer Tether thought they could convince a judge in New York that the state had no jurisdiction over the entities.

Business 26 July 2019

Crypto escrow firm principal faces charges in New York over $7M fraud

Jon Barry Thompson is accused of taking over $7 million from his clients after making false representations about SegWitCoin (BTC) transactions.

Business 25 July 2019

New York regulator sets up new division to regulate crypto businesses

The New York Department of Financial Services has set up a specialized crypto department to keep businesses in line.

Business 18 July 2019

New York State wants to confiscate abandoned crypto assets

If you’ve lost access to your crypto and live in the state of New York, they might be coming for your assets.

Business 16 July 2019

Seed CX derivatives granted New York BitLicense

Seed CX has secured an elusive BitLicense, which will allow it to offer its asset trading platform in the state of New York.

Business 11 July 2019

$750,000 OneCoin fraud victim files legal action in New York

A victim of the OneCoin cryptocurrency scam has filed a lawsuit in New York, revealing the extent of the losses suffered its victims.

Business 3 July 2019

$100M down, $600M to go: Bitfinex partly repays Tether loan

Troubled crypto exchange Bitfinex has confirmed it has repaid $100 million of the money it borrowed from sister company Tether.

Business 2 July 2019

Facebook fighting regulatory fires all over the world for Libra launch

Facebook is working to get a New York BitLicense and work out regulatory problems in other jurisdictions in preparation for its 2020 launch.