Last week, news about the Bitfinex and Tether issue surfaced when The New York Attorney General’s office said it received a court order against iFinex, the company behind Bitfinex and Tether. While Bitfinex has issued a response to the claims made by the NYAG, the issue hasn’t gone away. If anything, things are worse. On Wednesday, CoinFlip announced it is going to postpone tether buying “until the smoke clears.”

Here’s what we know.

Bitfinex and Tether Issue Continues

On April 25, NYAG Letitia James said her department is looking into Bitfinex and iFinex. Why? ...