Tether has responded to CoinDesk’s intervention submission in the latest filing related to the freedom of information court battle, claiming the conflict centers on its settlement agreements with the NYAG — not the arguments of the news outlet.
CoinDesk formally joined the legal proceedings between Tether and the New York Attorney General last month, vying to become an official party in the case since its Freedom of Information Law (FOIL) requests (FOIL) sit at the center of the dispute. In its latest filing, Tether argues that the conflict rests on facts of the agreement between the firm and the NYAG, and that the news outlet shouldn’t be able to „renegotiate” the terms by inserting itself into the case.
The context
The conflict began in June of last year, when the news outlet filed a Freedom of Information Law request (FOIL), asking for documents detailing Tether’s reserve breakdown. Tether and its parent company iFinex submitted this information to the NYAG as part of a settl
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