{"id":14826,"date":"2021-03-26T04:53:09","date_gmt":"2021-03-26T04:53:09","guid":{"rendered":"https:\/\/emilynews.com\/blog\/?p=14826"},"modified":"2021-03-26T04:54:25","modified_gmt":"2021-03-26T04:54:25","slug":"news-commentary-1318-bitstil-185-million-from-tether","status":"publish","type":"post","link":"https:\/\/emilynews.com\/blog\/?p=14826","title":{"rendered":"News Commentary #1,318 \u2013 BitStil | $18,5 Million From Tether..?"},"content":{"rendered":"

The BitStil<\/a> platform (reviewed here<\/a>) recently published a piece of news from Crypto world and this time it mentioned the Tether issue and its financial operations related to the (as claimed) loss of $850 million..<\/p>\n

\"\"<\/a><\/p>\n

At the end of the article BitStil<\/a> said they will connect Tether to the methods of payments in the future.. <\/p>\n

We’ll see.. and now let’s get down to the news:<\/p>\n

\n
\n
\n
Bitfinex and Tether settled a conflict with the New York attorney office<\/div>\n<\/div>\n<\/div>\n
\n

The cryptocurrency exchange and Tether entered into the contract with the New York Attorney General Empire State (NYAG) in the case of the company\u2019s financial operations related to the loss of $850 million. <\/p>\n

Under the settlement, Bitfinex and Tether will pay the New York state $18,5 million. The companies didn\u2019t admit a fact of a law violation. <\/div>\n
Tether also agreed to submit NYAG reports on the backing of stablecoin USDT. The authority admitted satisfaction of the Bitfinex debt to Tether. <\/div>\n
 <\/div>\n
At the same time, documents, which are allegedly correspondence of Tether with the Bahamas bank Deltec serving the company, are circulating on the Internet. They say that in spite of its claims Tether uses cryptocurrency assets to back USDT. Under the evidence of the suggested leak, the company wrote in the comments that this is not the case and noted that it became a victim of blackmail. <\/div>\n
 <\/div>\n
There is much news around Tether related to the image, however, the cryptocurrency showed good results in the long-term and has significant potential. In the near future, BitStil<\/a> will connect Tether to the platform.<\/div>\n
<\/a><\/div>\n<\/div>\n<\/blockquote>\n

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\"\"<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The BitStil platform (reviewed here) recently published a piece of news from Crypto world and this time it mentioned the Tether issue and its financial operations related to the (as claimed) loss of $850 million.. … News Commentary #1,318 \u2013 BitStil | $18,5 Million From Tether..?<\/span>Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":10864,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[4332,4190,4323,4402,4195,4196,4197,4192,4325,4205,4191,4193,4206,4203,4202],"class_list":["post-14826","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-information","tag-bitstil-crypto-invest","tag-bitstil-hyip","tag-bitstil-hyip-info","tag-bitstil-hyip-status","tag-bitstil-info","tag-bitstil-investment-plan","tag-bitstil-investment-program","tag-bitstil-news","tag-bitstil-on-en","tag-bitstil-review","tag-bitstil-scam-or-paying","tag-bitstil-update","tag-bitstil-updates","tag-bitstil-com","tag-https-bitstil-com-refemilynews","exalt-entry"],"yoast_head":"\nNews Commentary #1,318 \u2013 BitStil | $18,5 Million From Tether..? 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