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
27 April 2026 – Tether, the largest company in the digital asset industry, today launched Mining Development Kit (MDK), an open-source, full-stack development framework that gives Bitcoin mining operators and developers unified control over their entire infrastructure stack. With its open modular architecture and agnostic interfaces, MDK pairs a JavaScript backend SDK with a React […]
23 April 2026 – Tether announced today that it has supported the U.S. Government in freezing $344 million USD₮ across two addresses. The freeze was executed after the addresses were identified, preventing further movement of funds. The freeze follows information shared with Tether by several U.S. authorities about activity tied to unlawful conduct. When wallets […]
16 April 2026 – Tether, the largest company in the digital asset ecosystem, announced today a strategic collaboration with Drift Protocol and partners to support user recovery and relaunch the Drift platform following its April 1 exploit, which resulted in approximately $285 million in user losses. The collaboration establishes a structured recovery plan backed by […]