New York Court Grants Bitfinex’s Motion to Modify Injunction

Bitfinex got themselves a win in terms of the injunction filed by the New York State Attorney Generals office. A Judge granted a motion to modify the injunction.

In short, although “Tether was ordered to Freeze Transfers” the order was quickly granted a motion to be modified.

You can get the full story on Bitfinex.com. For our purposes, this is good because Bitinfex is a major crypto exchange and its stablecoin USDT is an important part of the crypto ecosystem.