Seychelles-based Poloniex is accused of trading securities without registering with the Canadian Securities Administrators as required by the Ontario Securities Act.
The suit points to a University of Texas study, which claims that Bitfinex may have used its Tether to buy large amounts of BTC.
Bitfinex crypto exchange has delisted close to 50 trading pairs over low liquidity in a bid to ensure a more streamlined trading experience for its users.
Since leaving the US, Poloniex is seeking to make inroads in other countries. The first is Russia, rolling out a partially-localized version of its platform.
Poloniex crypto exchange rolled back trading history after discovering that a bug it had introduced had caused trades to briefly be executed erroneously.
The cryptocurrency exchange confirmed that a list of email addresses and passwords had been published on Twitter.
Circle will start charging fees to Poloniex US users who don’t withdraw their assets from its platform, after it sold the exchange recently.
Poloniex will get $100 million to further expand its business, but American BSV customers will have to move on.
Poloniex is removing a long list of trading pairs that have been underperforming, hoping to spark more interest, and less confusion, in crypto-to-crypto activity.
Tether admitted to accidentally creating billions in USDT, but the question is if its always an accident.