At the beginning of last spring, the Wall Street Journal published an investigative article on Tether, Bitfinex, and related companies.
The majority stake of both Tether and the Bitfinex exchange is owned by iFinex, a corporation established in the Virgin Islands.
Controversial Article
At the time, the Wall Street Journal claimed that the two companies, along with a slew of smaller shell firms related to the crypto businesses and their executives, employed shady methods in order to maintain their connections to the international banking system.
The article claims that the group of entities surrounding iFinex attempted to stay on top of the situation by opening accounts connected to businessmen who already had a reputation. However, the names of the companies used were changed for optics purposes.
“In Taiwan, the accounts were held in trust by Chrise Lee, an executive of Hylab Technology Ltd., which makes television set-top boxes. But the accounts were opened under the name Hylab Hold
We współpracy z: https://cryptopotato.com/wsj-parent-company-sued-over-tether-bitfinex-article/
