The New York State Attorney General (NYAG) Letitia James has requested the disclosure of documents concerning an alleged deal made between cryptocurrency exchange Bitfinex and stablecoin operator Tether. The NYAG’s memorandum of law was filed on May 3.
The memorandum of law calls for more transparency and claims “that Bitfinex and Tether misled their clients and investors.” The statement also explains why the Office of the State Attorney General feels the need to request said documents:
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