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    Home » The US court allowed Bitfinex and Tether not to provide all the documents required by the prosecutor's office

    The US court allowed Bitfinex and Tether not to provide all the documents required by the prosecutor's office

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    By BlockchainJournal on May 22, 2019 News
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    The judge of the Supreme Court of the State of New York, Joel Cohen, satisfied the demand of the lawyers of the Bitfinex exchange and Tether Limited, by allowing them to submit only those documents that the State Office of Public Prosecutor has the right to demand within its jurisdiction.

    Stay Bit of New York: https://t.co/KWf4vrYHRR

    – Bitfinex (@bitfinex) May 22, 2019

    In particular, the defendants once again stated that the jurisdiction of the State Office of Public Prosecutor does not apply to companies, since they do not operate in New York, and the so-called Martin Law does not regulate their business at all. In addition, this legislation may not apply to companies registered in another country.

    The next meeting in the high-profile case is scheduled for June 29.

    Bitfinex promised users to continue the fight against those who make "false and unfounded statements" to the company.

    Today it also became clear that the exchange released its own token Unus Sed Leo, which was listed on May 20, not only on the Ethereum blockchain, but also on the EOS network.

    It was taken by the United States to ensure that it was an unous Sed Leo on both Ethereum and EOS.

    Read our justification here: https://t.co/ixmQ4FNFau

    – Bitfinex (@bitfinex) May 22, 2019

    Earlier, attorney Tether confirmed during the court hearing that the company had invested part of its reserves in Bitcoin, but then it turned out that we were talking about 0.07551481 BTC .

    On the eve of Bitfinex announced the launch of its own IEO-platform called Tokinex. The first tokenail on it will be held on June 13.

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