Friday, May 1, 2020

Bitfinex's parent firm has applied for subpoenas in three US states asking federal courts to aid in recovering $800M+ in user funds seized by legal authorities (George Chidi/CoinDesk)

George Chidi / CoinDesk:
Bitfinex's parent firm has applied for subpoenas in three US states asking federal courts to aid in recovering $800M+ in user funds seized by legal authorities  —  The Bitfinex crypto exchange is making a new push to find and potentially recover more than $800 million in user funds seized …



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Meituan reports Q1 revenue up 5.6% YoY to ~$13.5B, above ~$13.4B est., and a ~$1B net loss, its third straight quarter of losses amid a food delivery price war (Tracy Qu/Wall Street Journal)

Tracy Qu / Wall Street Journal : Meituan reports Q1 revenue up 5.6% YoY to ~$13.5B, above ~$13.4B est., and a ~$1B net loss, its third st...