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New York Supreme Court Denies Bitfinex’s Lack Of Jurisdiction Claim

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Bitfinex and Tether must continue turning documents about an alleged $850 million cover up over to the New York Attorney General (NYAG), a judge ruled Monday.

New York Supreme Court Judge Joel M. Cohen ruled that the crypto exchange and stablecoin issuer would have to have to continue turning over documents about a loan the latter company made to Bitfinex, though the companies are expected to appeal the ruling.

Cohen said the injunction would expire on Oct. 14, adding:

“The Court disagrees with the Petitioner that it is (or can be) premature for the Court to determine whether it has ...

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