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

from Techmeme https://ift.tt/2ZZRF4k