USDT Manipulation Case Upgraded! Tether and Bitfinex Collective Lawsuit Approved by New York Court
The U.S. court partially approved the class-action lawsuit against Tether and Bitfinex, narrowing the scope of plaintiffs to include investors who purchased crypto commodity futures between 2017 and 2019. The core allegations of the case involve the manipulation of the market through USDT that was not fully backed by reserves, resulting in investor losses. This class-action lawsuit is still ongoing and will strengthen the plaintiffs' bargaining position.
ETH1,24%
MarketWhisper·1h ago


