A U.S. Judge has request provide financial records related to escrow as part of a lawsuit alleging release plot as part of a price pump campaign .

Request command Tether provide a “general ledger, balance sheet, income statement, cash flow statement and profit and loss statement,” as well as a record of any transactions or transfers of electronic funds or other types of funds. other Tether includes information about the timing of transactions.

It also requires Tether share details about the accounts it holds at Bitfinex, Poloniex and .

While the attorneys representing Tether opposed the order, calling it “extremely outrageous” and “extremely burdensome,” the presiding judge disagreed, writing that “the documents Plaintiff sought Swords are definitely important.”

“Plaintiffs clearly explain why they need this information for an assessment of USDT reserves,” wrote Judge Katherine Polk Failla.

“Documents sought in RFP transactions appear to be able to substantiate Plaintiff's core allegation that… Defendant engaged in cyber-commodity transactions using unsupported USDT and that the that transaction was strategically timed to inflate the market,” Judge continued.

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At the same time, there is also a lawsuit asking the New York Attorney General to release documents they collected during the investigation into Tether's reserves.

The New York Attorney General's probe into Tether's reserves ended in February 2021 with a fine of $18.5 million.

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