Judgment Entered for Tether and Bitfinex After US District Court docket Denies Movement for Depart to Amend Class Motion Lawsuit

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Judgment Entered for Tether and Bitfinex After US District Court docket Denies Movement for Depart to Amend Class Motion Lawsuit

At the moment, Chief Choose Laura Taylor Swain of the U.S. District Court docket for the Southern District Of New York issued one other incisive choice denying Shawn Dolifka’s request for go away to amend his meritless class motion criticism filed in opposition to Tether and Bitfinex firms. The Court docket famous that Dolifka tried to boost arguments that have been “already rejected” and his proposed amended criticism didn’t rectify the basic defects in his claims. Judgment will quickly be entered in opposition to Dolifka and in favor of the Tether and Bitfinex firms.

As beforehand famous, the whole lot of the category motion criticism being dismissed at this stage of the proceedings punctuates the truth that plaintiff’s claims have been void of any authorized advantage. Now and sooner or later, as now we have mentioned many occasions earlier than, Bitfinex and Tether won’t ever fall prey to shameless litigation cash grabs. Plaintiffs and their attorneys who’ve tried to deliver these instances prior to now—and any such people that try to deliver these instances sooner or later—will all be left with the identical quantity: $0.

As all the time, we at Tether and Bitfinex stay laser targeted on persevering with to ship on our guarantees and guarantee our clients and our neighborhood are protected.

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