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A state appeals court ruled that Bitfinex must face lawsuit claims by New York state that it hid the loss of $800M commingled client and corporate funds (Bloomberg)


Bloomberg:

A state appeals court ruled that Bitfinex must face lawsuit claims by New York state that it hid the loss of $800M commingled client and corporate funds  —  – Crypto exchange argued state had no authority to pursue case  — Court said stablecoin Tether is a security or a commodity


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