{"id":7059,"date":"2023-11-25T09:06:00","date_gmt":"2023-11-25T09:06:00","guid":{"rendered":"https:\/\/coinengineer.io\/blog\/?p=7059"},"modified":"2023-11-25T08:08:54","modified_gmt":"2023-11-25T08:08:54","slug":"tether-and-bitfinex-agreed-to-withdraw-objections","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/tether-and-bitfinex-agreed-to-withdraw-objections\/","title":{"rendered":"Tether and Bitfinex Agreed to Withdraw Objections!"},"content":{"rendered":"

Tether and Bitfinex Agreed to Withdraw Objections! New York-based Tether<\/strong> and Bitfinex<\/strong> have decided to withdraw their objections to the Freedom of Information Law (FOIL)<\/strong> requests. By giving up a specific opposition, the two companies are prepared to demonstrate their commitment to transparency<\/strong>. However, stating that they will not fully disclose the documents, they underline that transparency does not mean sharing all documents en masse<\/strong>.<\/p>\n

You may be interested:Mina Protocol (MINA) Technical Analysis!<\/a><\/strong><\/p>\n

At the same time, the companies will also withdraw their opposition to the alleged journalists they objected to the FOIL requests<\/strong>. Among the journalists are Zeke Faux, Shane Shifflett, and Ada Hui<\/strong>. The companies claim that the news these journalists have done in the past exceeded the boundaries of professional journalism<\/strong> and they find the reports of media organizations one-sided and wrong<\/strong>.<\/p>\n

In the announcement, it is emphasized that both companies are committed to transparency and ethical reporting standards<\/strong>, and they are open to interactions with regulatory authorities and journalists.<\/p>\n

Tether<\/strong> and Bitfinex<\/strong>, noting that their efforts to be transparent<\/strong> do not mean \u201cunlimited disclosure of all documents,\u201d call for a “responsible document review”<\/strong> before any information is disclosed to the public.<\/p>\n

This development came after Tether’s<\/strong> obligation to provide quarterly transparency reports as part of its agreement with the New York Attorney General<\/strong> last year ended.<\/p>\n

For instant notification of our content, you can follow us\u00a0HERE\u00a0via Google News!<\/a><\/strong><\/p>\n

In June 2023, Tether<\/strong> drew attention by opposing the FOIL request<\/strong> to prevent the disclosure of “confidential customer data” and to prevent “sensitive business information” from being used by malicious parties.<\/p>\n","protected":false},"excerpt":{"rendered":"

Tether and Bitfinex Agreed to Withdraw Objections! New York-based Tether and Bitfinex have decided to withdraw their objections to the Freedom of Information Law (FOIL) requests. By giving up a specific opposition, the two companies are prepared to demonstrate their commitment to transparency. However, stating that they will not fully disclose the documents, they underline<\/p>\n","protected":false},"author":1,"featured_media":7058,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9,2],"tags":[1844,118,2525,2526],"class_list":["post-7059","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news","category-news","tag-bitfinex","tag-tether","tag-tether-bitfinex-collaboration","tag-tether-bitfinex-crypto"],"yoast_head":"\nTether and Bitfinex Agreed to Withdraw Objections! - Coin Engineer<\/title>\n<meta name=\"description\" content=\"New York-based Tether and Bitfinex have decided to withdraw their objections to the Freedom of Information Law (FOIL) requests.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coinengineer.net\/blog\/tether-and-bitfinex-agreed-to-withdraw-objections\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Tether and Bitfinex Agreed to Withdraw Objections! 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