Tether y Bitfinex adoptan un enfoque transparente para la solicitud FOIL
- Tether y Bitfinex afirmaron que la divulgación de los documentos podría poner en peligro su ventaja competitiva y su estrategia de inversión.
- CoinDesk afirmó que la publicación de los documentos era de interés público.
El emisor de stablecoin Tether y el exchange de criptomonedas Bitfinex han retirado su objeción a una solicitud de la Ley de Libertad de Información (FOIL) presentada por CoinDesk y otros destacados medios de comunicación. Ambas empresas dijeron que la decisión era parte de sus planes para adoptar la transparencia.
However, Tether and Bitifinex said that they would not be publicly disclosing any documents, citing the approach as inconsistent with their business practices, noting that “transparency does not mean a wholesale release of all our documents.”
Las empresas declararon en un declaración on Friday that while they will not file an appeal in response to some journalists’ FOIL requests, they are still “open to constructive engagement with journalists and regulatory authorities who adhere to ethical reporting standards and respect data privacy boundaries.”
Tether tried to block CoinDesk’s FOIL request for information about its reservas. In June 2021, CoinDesk requested documents generated during the New York Attorney General’s investigations into claims that Tether’s USDT was not adequately backed by reserves from mid-2019 to early 2021.
CoinDesk, in its FOIL request, sought records about Tether’s reserves, claiming the release of these documents was in the interest of the public. However, Tether filed a request with the New York Supreme Court to prevent these documents from being made public.
The company argued that releasing these documents could jeopardize its competitive advantage, affect its relationship with its partners, and reveal its investment strategy. A New York judge, however, rejected Tether’s appeal.
Tether also accused some media outfits of being “one-sided and inaccurate,” citing The Wall Street Journal and Bloomberg, whose journalists are taking part in the current FOIL request. Some of the prominent journalists who put forward the FOIL request include Zeke Faux, Shane Shifflett, and Ada Hui. Interestingly, Tether slammed the journalists for exhibiting unprofessional behavior.
Both companies claimed that Faux’s previous reports on Bitfinex and Tether “extended beyond the boundaries of professional journalism.” Additionally, Tether and Bitfinex clarified that their transparency initiatives do not “equate to unrestricted public disclosure of all documents.” Furthermore, both companies demanded “responsible document review” from the parties involved.