nyag

Policy

Regulations

Tether's Former Auditor Fined $1M by SEC for Sloppy Accounting

Friedman LLP, a New York-based accounting firm that provided auditing services for the stablecoin issuer in 2017 is accused of “serial violations of the federal securities laws” and “improper professional conduct.”

By Cheyenne Ligon

Sponsored

Sep 26, 2022 at 5:22 p.m. UTC

Sep 26, 2022

regulationsTetherNYAGSECStablecoins

---

Policy

Regulations

Tether Responds to CoinDesk’s Intervention in Legal Proceedings

The stablecoin issuer maintains its reserves are "closely guarded" and give it a competitive advantage.

By Lawrence Lewitinn

Sponsored

Feb 4, 2022 at 6:01 p.m. UTC

Feb 4, 2022

regulationsTetherBitfinexNYAGStablecoinsReservesLawsuit

---

Policy

Tether

CoinDesk Joins Court Case Seeking Access to NYAG Tether Documents

Tether wants the state Supreme Court to stop the attorney general’s office from sharing documents requested by CoinDesk. CoinDesk is now a party to the proceedings.

By Nikhilesh DeLawrence Lewitinn

Sponsored

Jan 4, 2022 at 10:14 p.m. UTC

Jan 4, 2022

TetherUSDTStablecoinsNYAG

---

Markets

Regulation

Coinseed Shuts Down Following Lawsuit, Slams NYAG Letitia James

The company’s website now advertises an airdrop of the “F***LetitaJames” token.

By Cheyenne Ligon

Sponsored

Jun 8, 2021 at 4:56 p.m. UTC

Jun 8, 2021

RegulationShutdownNYAGCoinseedLetitia James

---

Markets

Bitfinex

Tether's First Reserve Breakdown Shows Token 49% Backed by Unspecified Commercial Paper

The new composition report is part of Tether’s efforts to stay in compliance with a settlement with the New York Attorney General.

By Nikhilesh DeMarc Hochstein

Sponsored

May 13, 2021 at 12:00 p.m. UTC

May 13, 2021

BitfinexTetherStablecoinsUSDTNYAG

---

Markets

Bitfinex

Tether Takes Step Toward Transparency With First Accounting Firm Report Card

The report is similar to those produced by other stablecoin issuers like Centre or Paxos.

By Nikhilesh De

Sponsored

Mar 30, 2021 at 12:00 p.m. UTC

Mar 30, 2021

BitfinexTetherNYAGAttestations

---

Markets

Tether

What a Transparent Tether Means for Bitcoin

NYAG wrapped its investigation into Tether's internal finances, with the stablecoin issuer admitting no wrongdoing.

By Daniel Kuhn

Sponsored

Feb 23, 2021 at 6:07 p.m. UTC

Feb 23, 2021

TetherNYAGNewslettersBlockchain Bites

---

Markets

Bitfinex

NY AG’s $850M Probe of Bitfinex, Tether Ends in an $18.5M Settlement

In a closely watched case with wide-ranging implications for the crypto market, Tether has admitted no wrongdoing and will provide reports on USDT’s reserve composition for two years.

By Nikhilesh De

Sponsored

Feb 23, 2021 at 12:52 p.m. UTC

Feb 23, 2021

BitfinexTetherUSDTNYAG

---

Markets

Bitfinex

New York Attorney General Says Bitfinex, Tether Could Complete Loan Document Handover in 'Weeks'

The NYAG has said Tether and Bitfinex have been cooperating in its inquiry, which is expected to progress more quickly once the documents are provided.

By Sebastian Sinclair

Sponsored

Dec 11, 2020 at 9:10 a.m. UTC

Dec 11, 2020

BitfinexTetherSupreme CourtNYAG

---

Markets

Bitfinex

Judge Orders Bitfinex to Turn Over Tether Loan Documents (Again)

A New York judge ordered Bitfinex and Tether to turn over financial documents to the New York Attorney General's office, but left the timing to the parties to coordinate.

By Nikhilesh De

Sponsored

Sep 17, 2020 at 7:44 p.m. UTC

Sep 17, 2020

BitfinexTetherNYAG

---