Last Friday another nonsense, copycat lawsuit was filed by two Plaintiffs and their law firm looking for a hefty payout based on entirely meritless claims. Their efforts will fail miserably. Shameless money grabs, for which this lawsuit is a textbook example, will never be dignified by way of paying one Satoshi in a settlement. Bitfinex and Tether will aggressively litigate and dispense with the action in due course, and then pursue their remedies against the filing parties.
latest news
14 July 2026 – Tether, the largest company in the digital asset ecosystem, today announced that it has led a $7 million Series A financing round in Pact Labs, with participation from Blockchange Ventures and Lasagna. The investment will support Pact Labs’ development as a core infrastructure provider for USA₮ across payroll, earned wage access, […]
13 July 2026 – Tether, the largest company in the digital asset industry and the issuer of USD₮, announces the successful completion of the first enterprise cross-border settlement Proof of Concept (POC) between Hyundai Motor America and Hyundai Motor de México through Axiym on the Avalanche blockchain network. The initiative demonstrated that an enterprise cross-border […]
Investment supports Mercado Bitcoin’s expansion across tokenization, payments, credit, capital markets and regulated digital financial services 7 July 2026 – Tether, the largest company in the digital asset industry, today announced an investment of $20 million in a strategic growth financing round for Mercado Bitcoin, Latin America’s leading on-chain financial services platform. The investment reflects […]