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Attorney General James Ends Virtual Currency Trading Platform Bitfinex's Illegal Activities in New York


Bitfinex and Tether Must Submit to Mandatory Reporting on Efforts to Stop New York Trading
Bitfinex and Tether Deceived Clients and Market by Overstating Reserves,
Hiding Approximately $850 Million in Losses Around the Globe
 
NEW YORK – New York Attorney General Letitia James today continued her efforts to protect investors from fraudulent and deceptive virtual or “crypto” currency trading platforms by requiring Bitfinex and Tether to end all trading activity with New Yorkers. Millions around the country and the world today use virtual currencies as decentralized digital currencies unlike real, regulated government currencies, including the U.S. dollar to buy goods and services, often times anonymously, through secure online transactions. Stablecoins, specifically, are virtual currencies that are always supposed to have the same real-dollar value. In the case of Tether, the company represented that each of its stablecoins were backed one-to-one by U.S. ....

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New York Attorney General James Ends Virtual Currency Trading Platform Bitfinex's Illegal Activities In New York - Bitfinex And Tether Must Submit To Mandatory Reporting On Efforts To Stop New York Trading - Bitfinex And Tether Deceived Clients And Market By Overstating Reserves, Hiding Approximately $850 Million In Losses Around The Globe


New York Attorney General James Ends Virtual Currency Trading Platform Bitfinex’s Illegal Activities In New York - Bitfinex And Tether Must Submit To Mandatory Reporting On Efforts To Stop New York Trading - Bitfinex And Tether Deceived Clients And Market By Overstating Reserves, Hiding Approximately $850 Million In Losses Around The Globe
Date
23/02/2021
New York Attorney General Letitia James today continued her efforts to protect investors from fraudulent and deceptive virtual or “crypto” currency trading platforms by requiring Bitfinex and Tether to end all trading activity with New Yorkers. Millions around the country and the world today use virtual currencies as decentralized digital currencies unlike real, regulated government currencies, including the U.S. dollar to buy goods and services, often times anonymously, through secure online transactions. Stablecoins, specifically, are virtual currencies that are always supposed to have the same ....

New York , United States , Kim Berger , Peter Pope , Charmaine Blake , Letitia James , Johnd Castiglione , Chris Dangelo , Justice Kevin Wallace , Tanya Trakht , Johanna Skrzypczyk , Brianm Whitehurst , Ezra Sternstein , First Department , Office Of The Attorney , Division For Economic Justice , No Bank Backs You , Deltec Bank Trust Ltd , Investor Protection Bureau , Bureau Of Internet , Virtual Markets Integrity Initiative , Crypto Capital Corp Bitfinex , New York Attorney General Letitia James , Attorney General , New Yorkers , Stablecoin Without Stability ,

New York Attorney General Letitia James Sues To End Google's Illegal Monopolies - AG James Helps Lead Bipartisan Coalition Of 38 AGs Alleging Google Illegally Maintained Monopolies, Created Insurmountable Barriers To Entry For Competitors


Date
17/12/2020
New York Attorney General Letitia James today continued her work fighting for New York’s consumers and small businesses by co-leading a bipartisan coalition of 38 attorneys general in suing Google LLC for its illegal, anticompetitive conduct that has sought to maintain its monopoly power in the general search services and search advertising markets. Through a series of exclusionary contracts and other anticompetitive conduct, Google has deprived consumers of competition that could lead to greater choice and innovation, as well as better privacy protections. Attorney General James and the coalition also accuse Google of exploiting its market position to accumulate and leverage data to the detriment of consumers, all in an effort to control the market and make billions in profits. ....

United States , District Of Columbia , New Mexico , West Virginia , New York , New Hampshire , North Carolina , Rhode Island , Puerto Rico , New Jersey , South Dakota , North Dakota , Kim Berger , Morganj Feder , Peter Pope , Kevin Wallace , Letitia James , Chris Dangelo , Zach Biesanz , John Castiglione , Johanna Skrzypczyk , Elinor Hoffmann , Deputy Bureau , Division For Economic Justice , Us District Court , Search Services ,