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👨‍⚖️ Bitfinex accused of hiding $850M loss

On April 25, 2019, Bitfinex was accused of covering up an $850 million loss using Tether (USDT). 1 BTC = $5,454 On February 23, 2021, Bitfinex and Tether admitted fault and paid an $18.5 million fine:
  • Image 1: 👨‍⚖️ Bitfinex accused of hiding $850M loss