NY Office of the Attorney General Alleges Bitfinex Engaged in $850 M Fraud

WebContentCase Studies, Cryptocurrency, Market Rules & Responsibilities

NY-attorney-general-bitfinex-fraud

On April 25, 2019, the New York Office of the Attorney General (“OAG”) announced that it obtained a court order against the operators of Bitfinex demanding the online digital asset exchange turn over a plethora of important documents related to previous subpoenas the OAG issued to Bitfinex. The order’s accompanying petition alleges that Bitfinex “borrowed” funds from its affiliate, Tether, the … Read More

THE APOTHEOSIS OF BLOCKHAIN

Gretchen HelfrichCryptocurrency

THE-APOTHEOSIS-OF-BLOCKHAIN

Blockchain technology, if you believe the hype, is going to revolutionize, well, everything.  In an effort to bring a little sobriety to the Blockchain party, Forbes last year identified ten industries in which Blockchain genuinely seemed likely to disrupt the status quo.  Banking, healthcare, and politics topped the list. Alas, Forbes failed to spot Blockchain’s actual highest and best use, … Read More