Print
Bittrex and Poloniex Filing in Class Action Undermines Plaintiffs’ Claims

Plaintiffs’ second attempt at framing a legitimate complaint is a failure, just like their first. This time the lynchpin of their nonsense claim is that market manipulation was executed through bitcoin addresses owned and controlled by Bitfinex, which plaintiffs then allege were used in concert with Bittrex and Poloniex to execute a fantastical conspiracy. As today’s filing by Bittrex and Poloniex makes clear, this claim cannot be true because the tokens in the addresses used neither belong to nor are controlled by Bitfinex, Bittrex, or Poloniex.

Plaintiffs and their attorneys will doubtless go back to the drawing board to dream up new theories ultimately designed to give them reasons to claim monies to which they have zero entitlement. Bitfinex and Tether will not settle any of the meritless claims plaintiffs continue to manufacture. We remain singularly committed to defending ourselves, our stakeholders, our customers, and the digital token community by fighting these meritless claims with full vigor and support by the one thing the plaintiffs don’t have: the truth.

latest news

Tether Recognized by OSCE for Supporting Global Efforts to Combat Human Trafficking

27 March 2026 – Tether, the largest company in the digital assets industry, welcomed a new report from the Organization for Security and Co-operation in Europe (OSCE) examining the role of digital assets in human trafficking investigations, which underscores how collaboration between law enforcement and responsible industry participants can enhance the detection and disruption of […]

Learn more
Tether Gold, the World’s Leading Tokenized Gold Product, to be Listed on BNB Chain

26 March 2026 – Tether, the largest company in the digital asset ecosystem, today announced that Tether Gold (XAU₮) is now available on BNB Chain, bringing the industry’s dominant tokenized gold product to the world’s largest cryptocurrency exchange. The timing reflects where markets are. Gold surged 64% in 2025, its largest annual gain in 40 […]

Learn more
Tether Signs Big Four Firm to Complete First Full Audit, Setting a New Quality Standard for the Digital Asset Economy

24 March 2026 – Tether, the largest company in the digital asset industry, today announced that it has entered a formal engagement with a Big Four accounting firm to complete its first full independent financial statement audit, which is slated to be the biggest ever inaugural audit in the history of financial markets. At a […]

Learn more
Read all news