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Three Major Cryptocurrency Lawsuits Emerging this Week

May 7, 2024

Three significant legal cases are expected to grab attention in the cryptocurrency world, featuring major players like Bitfinex, Tether, and Ripple. The results of these lawsuits could have a substantial impact on the future of digital currencies.

Bitfinex and Tether Legal Dispute Continues

A class-action lawsuit has been filed against Bitfinex and Tether, entities linked by common management, accusing them of market manipulation. According to the plaintiffs, Bitfinex allegedly utilized Tether’s USDT tokens to artificially boost the price of Bitcoin during the bullish trend in 2017. The verdict in this case might establish a precedent for future litigations concerning suspected market manipul...

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