World News: 00:20 GMT Saturday 18th May 2019. [Yahoo Business News Feed via SPi World News]
By CCN: The New York Supreme Court has ruled that the scope of the Attorney General’s investigation into Bitfinex and Tether Limited is too broad and needs a time limit. Bitfinex: Supreme Court Ruling a “Victory” The embattled exchange called the ruling a “victory” and insinuates that the case will end up going nowhere. Bitfinex has already admitted that as much as $850 million evaporated from its coffers while Tether Limited has publicly confessed to only partially backing the world’s oldest stablecoin. Under the order, Tether and Bitfinex can continue business as usual, but Tether Limited may not make any
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