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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.

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6 November 2025 – Hadron by Tether, the asset tokenization platform of Tether, KraneShares, the global asset management group, and Bitfinex Securities, the regulated tokenized securities platform, have entered into a strategic agreement to accelerate the development and adoption of tokenized securities across global markets. As tokenization reshapes how capital moves, the collaboration brings together […]

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Tether and Da Nang City Sign MoU to Advance Blockchain-Powered Digital Governance and Infrastructure

5 November 2025 – Tether, the largest company in the digital asset industry, announced the signing of a Memorandum of Understanding (MoU) with the People’s Committee of Da Nang City to promote the development of digital infrastructure and innovative governance models in one of Vietnam’s most dynamic and forward-thinking municipalities.  Through this MoU, Tether and […]

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Tether Attestation Reports Q1-Q3 2025 Profit Surpassing $10B, Record Levels in U.S. Treasuries Exposure, Accelerating USD₮ Supply Amidst World’s Macroeconomic Uncertainty

Tether International, S.A. de C.V. (TI) today published its Q3 2025 attestation, prepared by BDO, a top-five global independent accounting firm. The report confirms the accuracy of Tether’s Financial Figures and Reserves Report (FFRR), and provides a transparent, detailed view of the assets backing USD₮ as of September 30, 2025. At the end of Q3 […]

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