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New York Federal Judge Approves Class Action Status for Investors in Tether and Bitfinex Market Manipulation Case
Summary: According to reports, documents from the US Southern District of New York federal court show that a New York federal judge has approved the plaintiffs' application for class action status in the market manipulation lawsuit against Tether and Bitfinex, dividing the case into two groups of plaintiffs: spot investors and futures traders. The case alleges ...
According to reports, documents from the US Southern District of New York federal court show that a New York federal judge has approved the plaintiffs' application for class action status in the market manipulation lawsuit against Tether and Bitfinex, dividing the case into two groups of plaintiffs: spot investors and futures traders. The case alleges that Tether and Bitfinex manipulated the cryptocurrency market prices by issuing USDT from 2017 to 2019, resulting in investors who purchased BTC and ETH losing billions of dollars. (Law360)
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Link: New York Federal Judge Approves Class Action Status for Investors in Tether and Bitfinex Market Manipulation Case [Copy]
