On 6 December the Commission commodity futures U.S. (CFTC) sent the subpoenas cryptocurrency exchange Bitfinex and the company Tether (companies have the same CEO), which produces digital currency USDT, which, according to the company, equal to the U.S. dollar and secured by Deposit, in dollars. This was reported Bloomberg, citing a source, who preferred to remain incognito.
«We are regularly subjected to inspections agents, law enforcement and regulatory agencies. As per policy we do not comment on such requests», – said in a joint statement Bitfinex and Tether obtained by Bloomberg by e-mail. Press Secretary CFTC Erica Richardson also declined to comment.
On Tuesday, the information about the subpoenas was leaked to the media, bitcoin exchange rate reacted to this news with a decline to $9 600.
Although Tether and Bitfinex do not disclose information about who is responsible for their activities, the representative of the companies Ron Torossian in the email dated 3 December reported that Bitfinex and Tether belong to one man – Jean-Louis van Der Velde. Phil Potter, Director of strategy at the Tether, Bitfinex is also in a similar position.
On the official website of the company Tether contains a report showing that as of September 15 in the Bank accounts of the company was $443 million Coinmarketcap Then assessed the Tether capitalization of $420 million, However, the document did not indicate the banks in which funds were placed Tether.
According to representatives of the auditing company Friedman, she does not vouch for the complete accuracy of the information published Tether. Tether recently announced that it will stop working with the auditor, explaining the «grueling detailed procedures that Friedman has made in respect of a fairly simple balance sheet of the company.»
«Given this, it becomes clear that the audit is not prepared within a reasonable time and we decided to refuse the services of Friedman,» the company said.