New York Attorney General probes crypto exchange Bitfinex over alleged $850M fraud

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In what seems like a historic moment in crypto, New York State Attorney General (NYSAG) office has announced that it is investigating iFinex, the company behind exchange Bitfinex and stablecoin Tether, over an alleged $850 million fraud. Attorney General Letitia James’ office said on Thursday that it is looking how the company (apparently) lost $850 million …

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