Bitfinex Wants to Subpoena Former Bank Exec Over Missing $880 Million

Bitfinex Wants to Subpoena Former Bank Exec Over Missing $880 Million

Bitfinex

Bitfinex, the controversial cryptocurrency exchanged headquartered in Hong Kong, has filed an application for discovery with a California court in an attempt to subpoena a former banking executive in order to access $880 million USD in frozen funds.

Bitfinex Seeking to Recover “Missing” Millions

iFinex, the parent company of Bitfinex, submitted the request on October 18 in the US District Court for the Central District of Southern California, asking permission to take the deposition testimony of Rondell “Rhon” Clyde Monroe, formerly Vice President of investment bank TCA Bancorp. The request says, “In those proceedings, [iFinex] seeks ...

Get latest cryptocurrency news on bitcoin, ethereum, initial coin offerings, ICOs, ethereum and all other cryptocurrencies. Learn How to trade on cryptocurrency exchanges.

All content provided by Crypto Currency News is subject to our Terms Of Use and Disclaimer.