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Thursday, December 1, 2022

Joseph Lubin: Tether’s Rivals to Gain Traction amid Bitfinex ‘Mess’

The Bitfinex “mess” won’t be resolved anytime soon, charged Ethereum co-founder Joseph Lubin. His comments, which came on Thursday, come after a New York Supreme Court judge scathingly criticized the NY Attorney General who filed an injunction against Bitfinex and Tether.

The office, led by AG Letitia James, contends Bitfinex and Tether committed fraud when it handled the hack that led to the loss of $850 million of tokens. While Lubin didn’t mention the Supreme Court development, his thoughts align with those of the judge.

Reference: https://www.ccn.com/joseph-lubin-tether-bitfinex

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