The iFinex–Tether market manipulation lawsuit continues. Last week, Judge Katherine Failla of the Southern (NYSE:SO) District of New York selected Roche Cyrulnik Freedman as interim lead plaintiff counsel, and four civil actions were consolidated into a single class action: Leibowitz v. iFinex Inc.
In the complaints, iFinex’s subsidiary, Bitfinex, and related stablecoin Tether (USDT) are charged with manipulating the Bitcoin market in 2017 — something the firm strenuously denied.
Continue Reading on Coin Telegraph