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Bitfinex Responds To Class Action Lawsuit Filed In Washington State
Summary: Bitfinex, the cryptocurrency exchange, has responded to the class action lawsuit filed against them and Tether in the U.S. District Court for the Western District of Washington state. In an announcement on Bitfinex’s website the company called the lawsuit filed against them “absurd and groundless.” This lawsuit is a “copycat” of a lawsuit filed against ...
Bitfinex, the cryptocurrency exchange, has responded to the class action lawsuit filed against them and Tether in the U.S. District Court for the Western District of Washington state.
In an announcement on Bitfinex’s website the company called the lawsuit filed against them “absurd and groundless.” This lawsuit is a “copycat” of a lawsuit filed against Bitfinex and Tether in the U.S. District Court for the Southern District of New York on Oct. 6.
If the Plaintiffs hope for a quick settlement out of court it appears they will not be getting one, as Bitfinex stated in the announcement, “To be clear, there will be no nuisance settlements or settlements of any kind reached. Instead, all claims raised across both actions will be vigorously contested and ultimately disposed of in due course.
By Ramsey Baker
Tags: Bitfinex,Cryptocurrency,Lawsuit,Response,Tether
Link: Bitfinex Responds To Class Action Lawsuit Filed In Washington State [Copy]
