A US judge approves Genesis Global Capital's Chapter 11 repayment plan to return Bitcoin and other tokens to creditors, defeating a challenge by its parent DCG
- Genesis defeated a challenge by parent Digital Currency Group — Judge also approved a related settlement with the New York AG
New York AG Letitia James sues lender Genesis, its parent company DCG, and the Winklevoss' exchange Gemini for allegedly defrauding 230K+ investors of $1B+
and secured mostly by FTT [image] Bryan Brinkman / @bryanbrinkman : @NewYorkStateAG I'm a New York resident who uses Gemini, banning them will only force us to use offshore crypto banking that has eve...
Bitfinex and Tether agree to an $18.5M settlement with the New York AG and will stop operating in the state following a two-year probe
Tim Copeland / Decrypt :
Bitfinex and Tether agree to an $18.5M settlement with the New York AG and will stop operating in the state following a two-year probe
Bitfinex and Tether have agreed to stop all trading activity in the state of New York as part of a settlement announced today by New York Attorney General Letitia James.
NY State AG sues Bitfinex for allegedly using Tether reserve funds to cover withdrawals, after the loss or theft of ~$851M from Bitfinex's payments processor
if they service a substantial # of US customers they don't immunize themselves from US regulations and laws by locating offshore http://www.wsj.com/... Jeff Roberts / @jeffjohnroberts : You go to pris...
A coalition of state attorneys general, led by the New York AG, pledge to sue the FCC for repealing net neutrality rules
States like Washington and New York are gearing up to fight the FCC's recent repeal. — The United States is about to go to war with itself over net neutrality.