However, an investigation by the Office of the Attorney General (OAG) found that iFinex — the operator of Bitfinex — and Tether made false statements about the backing of the “tether” stablecoin, and about the movement of hundreds of millions of dollars between the two companies to cover up the truth about massive losses by Bitfinex.

The Office of the Comptroller of the Currency (OCC) has been informed that the above-named fictitious entity is involved in an up-front fee lottery scam.

The Central Bank of The Bahamas has issued an advisory that Deltec Financial & Trust Services is not licensed under the Banks and Trust Companies Regulation Act, 2000 to conduct