RATE Group | Bitfinex Swears It’s Trying Super Hard to Block US Bitcoin Traders
56007
post-template-default,single,single-post,postid-56007,single-format-standard,ajax_fade,page_not_loaded,,qode_grid_1300,side_area_uncovered_from_content,footer_responsive_adv,qode-content-sidebar-responsive,qode-child-theme-ver-1.0.0,qode-theme-ver-13.3,qode-theme-bridge,wpb-js-composer js-comp-ver-7.9,vc_responsive
 

Bitfinex Swears It’s Trying Super Hard to Block US Bitcoin Traders

28 Jul Bitfinex Swears It’s Trying Super Hard to Block US Bitcoin Traders

Posted at 07:53h in Bitcoin News by

[ad_1]

Beset with allegations that it is flouting regulations by allowing US bitcoin traders to access its platform, cryptocurrency exchange giant Bitfinex promised that it’s trying super hard to stop that from happening.

Bitfinex Admits US Resident Traded on Its Bitcoin Exchange

bitcoin exchange bitfinex tether

In an official announcement published on Friday, Bitfinex confirmed a report from The Block that a New York resident had managed to open an account called “ImaNYresident.”

After sneakily evading Bitfinex’s security restrictions – read: checking a box that says they pinky-swear they’re not a US resident – ImaNYresident was able to use the bitcoin exchange freely.

It’s not a good look for Bitfinex, which has come under legal scrutiny for allegedly serving US bitcoin traders. The New York Attorney General claims that Bitfinex, along with stablecoin issuer Tether, has offered unlicensed cryptocurrency services to New York residents up to and including 2019.

But the firm…

[ad_2]

Source link

Tags:
, , , , , ,