Event record
Record sog_ev_usdt_2021_02_nyag_settlement
NYAG settlement with Bitfinex and Tether entities
The New York Attorney General announced a settlement involving Bitfinex and Tether entities, including requirements connected to reserve and transaction reporting.
- Date
- 2021-02-23
- Category
- Regulatory action
- Subtype
- Regulatory Settlement
- Status effect
- No lifecycle change
- Recovery
- Not applicableNot yet recorded
- Evidence
- 1 source record1 relations
Identity and classification
Overview
Date, taxonomy, impact, recovery, mechanism, confidence, and evidence remain separate.| Date | 2021-02-23 |
|---|---|
| Public event category | Regulatory action |
| Canonical event subtype | Regulatory Settlement |
| Structured detail kind | Regulatory |
| Stablecoin subjects | Tether USDt |
| Organization subjects | Tether |
| Impact | High |
| Effect on stablecoin lifecycle | No lifecycle change |
| Canonical status-effect value | No recorded change |
| Recovery or reversal | Not applicable |
| Recovery date | Not Applicable |
| Cause or mechanism | regulatory_reserve_context |
| Structured detail coverage | Structured fields available below |
| Record confidence | Medium |
- Date
- 2021-02-23
- Public category
- Regulatory action
- Canonical subtype
- Regulatory Settlement
- Structured detail kind
- Regulatory
- Impact
- High
- Status effect
- No lifecycle change
- Recovery
- Not applicable
- Recovery date
- Not yet recorded
- Cause or mechanism
- regulatory_reserve_context
- Record confidence
- Medium
Affected records
Subjects
Stablecoin and organization subjects remain separate record groups.Tether USDt
Open the stablecoin dossier for current state, organizations, deployments, evidence, and unknowns.
Tether
Open the organization record for roles, relationships, events, evidence, and unknowns.
Typed record
Structured detail
Event-type-specific facts remain visible with explicit value states.| Regulatory detail — Jurisdiction | United States / New York |
|---|---|
| Regulatory detail — Authority | NYAG |
| Regulatory detail — Action type | Settlement |
| Regulatory detail — Effective date | 2021-02-23 |
| Regulatory detail — Resolution date | Not yet recorded |
- Regulatory detail — Jurisdiction
- United States / New York
- Regulatory detail — Authority
- NYAG
- Regulatory detail — Action type
- Settlement
- Regulatory detail — Effective date
- 2021-02-23
- Regulatory detail — Resolution date
- Not yet recorded
Provenance
Evidence
Source identity, publisher, publication date, reliability, archive, and relation count remain separate.| Source | Publisher | Source category | Provenance | Primary or secondary | Supported claims | Archive | Reliability |
|---|---|---|---|---|---|---|---|
| Attorney General James ends virtual currency trading platform Bitfinex's illegal activities in New York Published 2021-02-23 | New York Attorney General | Regulatory or court record Canonical: Regulatory Source | Government, regulator, or legal source | Primary source | Regulatory Reserve Context | Direct archived snapshot | High |
Attorney General James ends virtual currency trading platform Bitfinex's illegal activities in New York
- Publisher
- New York Attorney General
- Published
- 2021-02-23
- Reliability
- High
- Relations
- 1
Maintenance