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Citigroup may also face litigation.
Legal experts agree that even if it tries to extricate itself, it will still face litigation.
The New York Times wouldn't be the first outlet to face litigation from Trump.
Mr. Cardozo noted that the city had ordered other stores to comply with tax laws or face litigation.
He said the letter told the company if it did not offer compensation within seven days it would face litigation.
CoinTerra is the third Bitcoin-related startup to face litigation for breach of contract and/or fraud in recent months.
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It also said that it could face litigation-related expenses of another $6.8bn.
Some stressed that they were not facing litigation.
The company also faced litigation and an investigation by the Securities and Exchange Commission SECC) in connection with that incident.
In addition, the Obama Administration faced litigation over access to Bush-era documents.
But a company as aggressive as this has faced litigation before.
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