
On Thursday, the New York Attorney General Letitia James came to the rabbit hole, uncovering $850 million missing from Bitfinex costumers money, finding more that Bitfinex tried to cover the missing funds, replacing it with money they have in the other company bank accounts, Tether Ltd, according to a Wall Street Journal report.
Bitfinex, The Hong Kong-based cryptocurrency exchange, and Tether Ltd are companies owned and operated by iFinex Inc.
Crypto Capital Corp Inc., a Panama based bank that Bitfinex uses as a payment processor and gave them $850 million for customer withdrawals failed to do such a thing … Read the rest
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