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Tether, Bitfinex to Drop Opposition to FOIL Request by Journalists Including Bloomberg Businessweek’s Zeke Faux Trending Crypto News

Tether, Bitfinex to Drop Opposition to FOIL Request by Journalists Including Bloomberg Businessweek's Zeke Faux
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Tether previously made a similar announcement after losing in court twice when attempting to block a June 2021 FOIL request filed by CoinDesk. That request pertained to documents produced during the New York Attorney General’s inquiry on allegations that USDT, the U.S. dollar-pegged stablecoin that Tether issues, was not sufficiently backed by reserves from mid-2019 to early 2021, settling charges with the company at the end of that period.

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