Does this come off as childish and unprofessional to anyone else? The Block wrote an article about the apparent ease with which NY residents can trade on Bitfinex. This was Bitfinex's response:
I don't think they have a choice. They have a hearing days after the article was going to be released to determine if the NYAG has personal jurisdiction over Bitfinex. Bitfinex is arguing they do not serve US customers, including customers who reside in New York, while the NYAG is claiming to have jurisdiction over Bitfinex in a round about way. The article in question on its face gives credence to the NYAGs argument. It is well known that Bitfinex has been the subject of a well funded smear campaign that has lasted years. It is also known that some journalists will write articles containing positive coverage for brands in exchange for undisclosed payments (this creates a conflict of interest). I would not put it out of the question to say that some writers are willing to write "bombshell" hit pieces with little to no basis to harm a particular company's reputation.
IIRC, the NYAG has used media reports in their initial application for an injunction against Bitfinex.
No authorities in the world care if anyone breaks Bitfinex's terms. It seems obvious that the announcement is just hot air and empty threats. 
