Crypto

The court ruled on Bitfinex-Tether, Bitcoin declined to 1000 dollars


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The court ruled on Bitfinex-Tether, Bitcoin declined to 1000 dollars

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The court ruled about Bitfinex-Tether Bitcoin declined by $ 1000 over $ 2 last night in about two hours, leading to the crypto money being withdrawn to $ 7,000, while New York State Supreme Court, Tether's Bitfinex

Bitfinex-Tether documentation
Bitcoin-BTC-weekly-graphics

Bitfinex-Tether documents: = 140% 2C96 & ssl = 1 140w "max-width: 662px" will deliver

New York judge, previously reported and transferred to Bitfinex Tether

On Thursday, the Judge, Bitfinex and Tether's executives or employees issued a statement saying they could not transfer funds to Bitfinex with funds from the Tether reserves. Among the decisions taken by the judge, the following four come to the fore:

  • Tether, normal business procedures and practices
    Bitfinex or other parties may not
  • Tether to managers, employees and others
    cannot allocate funds from their reserves except for wages or similar payments.
  • Neither Bitfinex nor Tether, New York High
    The requested documents in the original court document sent by the Court
    is not allowed to reproduce or modify.
  • A court order to be terminated within 90 days
    the competent authorities shall apply for the extension of this period.

Former Bitfinex -Teter wanted to stop access to the Teter reserves due to the fiasco. However, without the need to do so, the court has obtained what he wanted. What is the connection with the news of last night's collapse or the reason for speculation? soon

Coindesk

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