Tether, Bitfinex Yield to Transparency Amid FOIL Request

The Freedom of Information Law (FOIL) request submitted in New York by several prominent news organizations, including Tether and Bitfinex, has been mutually consented to to relinquish their initial opposition.

In response to a Freedom of Information Act (FOIA) request from CoinDesk earlier this year, the USDT stablecoin issuer and cryptocurrency exchange stated that it is devoted to sharing information transparently.