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Cryptocurrency Deal

Bitfinex and Tether, two cryptocurrency trading platforms accused of hiding some $850 million in losses, will pay New York $18.5 million as part of a Tuesday settlement that also forces them to cease letting New Yorkers use their so-called stablecoin platforms.

MANHATTAN — Bitfinex and Tether, two cryptocurrency trading platforms accused of hiding some $850 million in losses, will pay New York $18.5 million as part of a Tuesday settlement that also forces them to cease letting New Yorkers use their so-called stablecoin platforms.

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