Comment by eutropia

(IANAL) Tether was trying to claim that requesting essentially a complete financial report for Tether and Bitfinex was overbroad, but has so far refused to produce any example of a more specific and limited set of information, so the court said "open your books":

  ...In the absence of agreement between the parties (id., Ex. 1 at 5
  ("Plaintiffs remain open to considering an alternate proposal ... but
  cannot do without some indications of what the B/T Defendants intend to
  produce[.]")), the Court finds that Plaintiffs' financial records RFPs
  are not overly broad, particularly given that Defendants have had
  opportunities to make sample productions of the financial records RFPs,
  but have failed to do so despite Plaintiffs' agreement to such proposal
  (id., Ex. 1 at 5). Plaintiffs plainly explain why they need this
  information: to assess the backing of USDT with US dollars, and to
  allow a forensic accountant to assess the USDT reserve...
  
  The documents sought in the transactions RFPs appear to go to one of
  Plaintiffs' core allegations: that the B/T Defendants engaged in
  cyptocommodities transactions using unbacked USDT, and that those
  transactions "were strategically timed to inflate the market."...

  Accordingly, the Court ORDERS the B/T Defendants to produce documents in
  line with the revised RFPs 22-25, 29, 31, and 72