Justice Joel Cohen of the New York Supreme Court has granted the Bitfinex cryptocurrency exchange’s motion to modify an injunction from the New York Attorney General (NYAG), Bitfinex announced on May 16.
Per the announcement, the court order will allow Bitfinex and affiliated stablecoin operator Tether to continue their normal business. It also states that the original injunction by the NYAG will expire in 90 days and that any motion to renew will be the responsibility of the NYAG. Cohen wrote in his decision:
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