Tether (USDT), A Blip and Another Opportunity For Bitcoin (BTC) Bulls
Bitcoin (BTC) shed $4 billion after NY OAG sue iFinex
Tether controversy force Bitcoin liquidationThe OAG of New York is after iFinex, and from their documents, officials say the Hong-Kong based exchange, BitFinex are contravening NY Laws and therefore suing them. With additional evidence that the exchange “raided” Tether’s coffers and probably affecting the peg, clients are worried. Even so, Bitcoin (BTC) is stable, reversing earlier losses.
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