USDT filed for US dollar class action lawsuit

The American home piece Tether has been sued again, and this time around, plaintiffs Matthew Anderson and Shawn Dolifka are suing classrooms in the Southern District of New York. According to the indictment, the plaintiff accused Tether, Bitfinex and its parent company iFinex of conspiracy and fraud, falsely claiming that the defendant had enough US dollars to fund one dollar for every amount of stable money, and is also suing the complainant. I do. Block Daum does not accept regular inspection reports.

"The injustices, deceptions and practices committed by the accused are injustice, filth, abuse and injustice."

The plaintiff also alleges that Tether violated the contract he wrote to the participants, and believes that they are entitled to receive unfair compensation and damages for the above activities, admits to knowing that the payments will be decided during the trial.

The plaintiffs even went so far as to say that they would not buy the tokens if they knew all the details of Tether's internal affairs, or that they were seeking redress by buying less. .

Tether's Counterattack: A Shameful Way to Steal Money

In response to the claimant's explanation, it's no exaggeration to say that Tether not only branded his claim as unreliable, but that he would also sue for this bogus claim.

"Last Friday, two defendants and their law firm filed another unspecified complaint," the company said in an April 13 statement. Otherwise, it is only a financial fraud. This trial is educational material and Satoshi is not eligible. Bitfinex and Tether will take legal action as soon as possible and seek redress from the plaintiffs.

Connection sharing is common

The company has a stable case of this lack of legal awareness and the company has faced numerous lawsuits in the past.

In early February this year, New York Attorney General Letitia James announced that the three-year-old dispute had reached an agreement, but Bitfinex and Tether are expected to meet in February this year, according to earlier data. There are three scenarios: $ 18.5 million payable, quarterly for the next two years, file a notice with NYAG, and leave New York.

In October of this year, the CFTC fined Tether $ 41 million for distorting the value of the US dollar USDT.

On the same day, the cryptocurrency exchange Bitfinex was also accused of violating over-the-counter (OTC) transactions with the American public on the platform, and of acting anonymously towards Future Copy traders. (FCM). The CFTC pointed out that the decision violated US law and the contract signed by Bitfinex and imposed a fine of $ 1.5 million for a total of $ 42.5 million.