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NYAG's charges are “completely wrong,” say Bitfinex

Bitfinex said the recent claims by the New York Attorney General (NYAG) about the insolvency of the exchange are "filled with inaccuracies and false statements."

The letter was signed by the CEO of the Exchange, Jean-Louis van der Velde. The letter states that the materials filed against the exchanger are not a civil or criminal complaint, and states:

“In particular, we want to assure you that the statement that we“ lost ”850 million US dollars is absolutely false.”

The exchanger also explains that these funds are actually withdrawn and are protected in several jurisdictions, including Poland, Portugal, the United Kingdom and the United States. In addition, the company also states that it is actively working to ensure that these funds are released, and is confident that it can bring convincing arguments in this direction.

Also, Bifinex noted:

"And be sure that we will actively challenge the false allegations made by the office of the Attorney General of New York."

Lasli, Velde argues that the exchange works closely with regulators around the world, and encourages users to ask the remaining questions to him or other senior staff.

As previously reported, two Bitfinex shareholders stated that they were not upset by NYAG's accusations against the exchange. The company's financial director, reportedly told another shareholder that “it takes several weeks and the funds will be frozen”.

The blockchain data show that earlier this week the exchange also withdrew funds in the amount of nearly $ 90 million from its cold wallet.

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