Tether and Bitfinex Withdraw Opposition to New York FOIL Request

Key Takeaways

Tether and Bitfinex have withdrawn their opposition to a New York FOIL request by major news outlets.
The companies affirm a commitment to transparency but caution against full document disclosure.
The background of the FOIL request is linked to Tether and Bitfinex’s 2021 legal settlement with the New York attorney general involving transparency reports.

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