Bitfinex and Tether (USDT) will not settle any of the plaintiffs with unsubstantiated claims

Paolo Ardoino stated that in order to track the success / mass adoption of stable coins I would expect the average send value to decrease over time. Is anyone working on such a metric?

Stuart Hoegner tweeted on August 8th, 2020: “Today Bittrex & Poloniex informed the court of their intention to obtain a summary judgment in the @bitfinex & @Tether_to class action in the SDNY.”

Tether tweeted, “Bittrex and Poloniex’s class action lawsuits are undermining plaintiffs’ claims.”

In this regard, Sydney Ifergan, the crypto expert, tweeted: “Bitfinex and Tether (USDT) will not settle any of the plaintiffs with unsubstantiated claims. Indeed, proving merit is the hardest part. “ released the phrase that Plaintiffs’ second attempt to formulate a legitimate complaint, like their first attempt, was a failure.

It was further alleged this time that the lynchpin of their nonsense claim was that the market manipulation was carried out using Bitcoin addresses owned and controlled by Bitfinex. The plaintiffs then claim they carried out a fantastic conspiracy with Bittrex and Poloniex.

Regarding the claim, it says: “As today’s filing by Bittrex and Poloniex makes clear, this claim cannot be true because the tokens in the addresses used are neither owned nor controlled by Bitfinex, Bittrex or Poloniex.”

Plaintiffs and their attorneys will no doubt return to the drawing board to come up with new theories that will ultimately give them reasons to claim funds to which they are not entitled.

The release also stated that Bitfinex and Tether will not settle any of the unfounded claims that plaintiffs continue to make.

We remain uniquely determined to defend ourselves, our stakeholders, our customers and the digital token community by fighting these unfounded allegations with full force and support through what the plaintiffs don’t have: the truth.

Tether Rich List (USDT)

Those who have not checked into the Tether Rich List should check in there. This is where the best USDT balances are updated. You also published: “Can you identify other wallets?”

There haven’t been too many updates on the Tether websites lately. Tether Gold (XAUt) released on how XAUt just hit an all-time high of $ 1,971.4!

The last excitement on the Tether Twitter update was on July 22nd, 2020 when it read, “In March 2020 we reached a major milestone when our market cap hit $ 5 billion. Now, just four months later, we’ve passed a market cap of $ 10 billion. Another great 2020 achievement that solidifies USDt square as one of the most liquid, stable and trustworthy currencies! “

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