iFinex Inc. was established in 2012 in [[Hong Kong]], later registered in the [[British Virgin Islands (BVI)]], operating as the parent company of both Bitfinex and Tether Limited.
Key developments:
- 2012: Founded
- 2013: Launched [[Bitfinex]] exchange
- 2014: Acquired Tether
- 2019: Faced NYAG investigation
- 2021: Settled with NYAG
Key subsidiaries:
- Bitfinex (crypto exchange)
- Tether Limited (USDT issuer)
- Other crypto-related services
Leadership:
- CEO: JL van der Velde
- CTO: Paolo Ardoino
- General Counsel: Stuart Hoegner
The company operates as a major player in the cryptocurrency industry through its subsidiaries, though has faced regulatory scrutiny and controversies regarding operations and transparency.