Share this article

This Week's Bitfinex-Tether Allegations Explained

A quick visual overview of New York's allegations against crypto companies Bitfinex and Tether.

Updated Sep 13, 2021, 9:06 a.m. Published Apr 27, 2019, 11:52 a.m. 1 min read
bitfinex, tether

More For You

Donald Trump (Credit: Library of Congress on Unsplash/Modified by CoinDesk)

"An Agreement has been largely negotiated, subject to finalization between the United States of America, the Islamic Republic of Iran, and the various other Countries," wrote President Trump late Saturday afternoon.

What to know:

  • Down sharply earlier Saturday, bitcoin moved to gains on the day after President Trump announced a peace agreement with Iran and other Middle Eastern countries.
  • As part of the deal, Trump said, the Strait of Hormuz will be reopened.