New York court approves preliminary injunction against Bitfinex/Tether to preserve Twther’s reserves but lets them do transactions in “ordinary course of business.” https://iapps.courts.state.ny.us/nyscef/ViewDocument?docIndex=gaZbHCDM5gRkxPSn0XDLCg== …
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Prediction which is so obvious I won’t even have to do hash dance around saying it: Bitfinex is doing things covered by “the ordinary course of business” are *audacious* and which both the NYAG and the court will view with extreme displeasure when they inevitably learn of them.
6:09 PM - 16 May 2019
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