2020-1-18 01:05 |
Three class action lawsuits alleging Bitfinex and Tether manipulated the bitcoin market are moving to consolidate, with the stablecoin issuer promising to fight the claims.
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The company behind the dominant stablecoin , Tether, has just notified the US District Court in New York’s Southern District of its intent to file a motion to dismiss its outstanding lawsuits.
2019-11-16 11:50 | |
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Following the deep price drops which closed out the month of September, October started with a quiet, middling week of trading activity. In the wider ecosystem, the Bitfinex/Tether group appears to be readying themselves for major lawsuits around claims of market manipulation, while payment processing giant Paypal says it will leave the Libra blockchain consortium.
2019-10-8 14:00 | |
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Tether posted a press release on their website today saying that they’re expecting lawsuits based on research they call “Meritless and Mercenary. ” Tether has been under investigation by the New York Attorney’s General office for nearly six months now, with a deadline for the firm and Bitfinex to hand over documents come October 14th.
2019-10-6 09:34 | |
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Legendary Basketballer Shaquille O'Neal has finally been served a class-action lawsuit against FTX founder Sam Bankman-Fried, lawyers of the plaintiffs tweeted on Sunday.
The U.S. Supreme Court will hear arguments in its first ever crypto-related case on Tuesday, when lawyers for San Francisco-based crypto exchange Coinbase will attempt to convince the nine Justices to pause a pair of class action lawsuits against the exchange.
Three class action lawsuits alleging Bitfinex and Tether manipulated the bitcoin market have been combined in federal court, with the stablecoin issuer promising to fight the claims.
Even if XRP were a security, the investors suing Ripple brought their case far too late for it to proceed, the company said in a new filing.
Ripple has strong defenses against a lawsuit alleging it violated securities laws by selling XRP, but the road ahead is long, legal experts said.