PANews reported on March 7 that, according to an opinion issued by a New York federal judge, investors in the market manipulation lawsuit against Tether and BitfinexPANews reported on March 7 that, according to an opinion issued by a New York federal judge, investors in the market manipulation lawsuit against Tether and Bitfinex

A New York judge has granted a class-action lawsuit filed by Tether and Bitfinex, potentially resulting in losses of hundreds of billions of dollars for investors.

2026/03/07 10:55
1 min read
For feedback or concerns regarding this content, please contact us at [email protected]

PANews reported on March 7 that, according to an opinion issued by a New York federal judge, investors in the market manipulation lawsuit against Tether and Bitfinex have been granted class-action status and the case has been divided into two groups of plaintiffs: spot investors and futures traders. The case reportedly accuses Tether and Bitfinex of manipulating cryptocurrency market prices by issuing USDT between 2017 and 2019, causing investors who bought BTC and ETH to lose hundreds of billions of dollars.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.