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Tether and Bitfinex have announced their decision to withdraw opposition to a New York Freedom of Information Law (FOIL) request filed by a group of journalists. This request is related to their agreement with the New York Attorney General to pay a $18.5 million fine to settle a lawsuit over the alleged mixing of customer and company funds. The companies have emphasized their commitment to transparency, citing their past actions of dropping opposition to similar FOIL requests. However, they also stress that transparency does not mean releasing all documents indiscriminately. They have chosen not to appeal the FOIL request despite concerns about the behavior of the journalists involved. The companies have expressed their commitment to responsible handling of business information and maintaining their reputation as transparent entities in their respective industries. They remain open to constructive engagement with journalists and regulatory authorities who adhere to ethical reporting standards and respect data privacy boundaries. The companies highlight the importance of responsible document review and handling before any public disclosure, and they aim to set a higher moral standard within the industry.