AND:BITFINEX AND TETHER DENOUNCE BASELESS LAWSUIT DESIGNED TO UNDERMINE THE CRYPTOCURRENCY COMMUNITY_SDT

June4,2020–Bitfinex,Tether,andtheirrelatedentitiestodayrejectedblatantlyfalseallegationsmadeinanamendedconsolidatedclassactionlawsuitfiledintheSouthernDistrictofNewYork.

StuartHoegner,GeneralCounselforBitfinex,said:"Evenaftertakingthreefullmonthstoamendtheircomplaint,theplaintiffs'allegationsremainuntetheredtoeitherthefactsorthelaw.Theyconflateperceivedcorrelationwithcausationinanefforttopropuptheoriesthatareuntrueandunsupportable."

Plaintiffs'accusationsstartedwithanacademicpaperwhoseauthorswereforcedtowalkbacktheircentralclaims.Aftertheirfirstargumentfellapart,plaintiffshavedreamedupanunprovenconspiracytheoryinvolvingthreelargecryptocurrencyexchangesandasecretschemetomanipulatethecryptocurrencymarket.Theonlyconsistencyintheirargumentsisthecompletelackofevidence.Plaintiffscherrypickpiecesofinformationandstringthemtogethertoweaveanelaboratestoryunsupportedbytruthorproof.

"WhilesuggestingthesheersizeofthedemandforTethercoupledwithchangesinthemarketclearlyledtoonlyoneconclusion–marketmanipulation–plaintiffsdisregardedtheactualworkingsandfinancialbackingofTether,theoperationsofBitfinex,generalprinciplesofsupplyanddemand,andpubliclyavailableresearchthatconfirmstherewasnomanipulation,"confirmedHoegner."Ifyouseeagroupofpeopleopeningumbrellas,thatdoesn'tmeanthattheycausedittorain."

"Tetherisproudtoplayacriticalroleinthedigitaltokenecosystem.ThismeritlesslawsuitisaninsulttotheingenuityofTether'scustomers,aswellasthesuccessandinnovationoftheindustryandallwhoplayaroleinit.BitfinexandTetherwillvigorouslydefendthemselves,theircustomers,theirstakeholders,andthecryptocommunityagainsttheseunfoundedallegationsandcontinuetocounterfictionwithfacts,"saidHoegner.

Completelycountertotheallegations,Tetherwascreatedtoestablishstability–notvolatility–inthecryptocurrencymarket.Thefirstfinancialtechnologycompanytoissuea"stablecoin,"USDTtokensarepegged1:1totheU.S.dollar,backedbyTether'sreserves.Themarketdemandforthisstablecoinhasincreasedsignificantly,withmorethanninebillionTetherincirculationtoday.Tetherispopularbecauseofitsuniquecombinationofinnovation,liquidity,andstability.

郑重声明: 本文版权归原作者所有, 转载文章仅为传播更多信息之目的, 如作者信息标记有误, 请第一时间联系我们修改或删除, 多谢。

区块博客

SOL【上币】IDCM将于6月8日16:00上线MTBK

尊敬的IDCM点心交易平台用户:IDCM国际交易所联盟将于香港时间6月8日16:00上线MTBK6月8日11:00开放MTBK充提币业务6月8日16:00开放MTBK/USDT交易业务点击查看M.

[0:15ms0-4:501ms