Regulation360 (November 6, 2020, 6:12 PM EST) — Traders accusing Tether, Bitfinex and several other others of a “far-reaching conspiracy” to control the marketplace for cryptocurrencies are asking a New York federal decide to reject current bids to nix their $1.four trillion antitrust go well with.
The proposed class filed its opposition on Thursday to dismissal motions from each crypto firms in addition to embattled former NFL investor Reginald Fowler, who’s accused of collaborating in a scheme to flood the Bitfinex change with billions of tether tokens and management the actions of cryptocurrency costs.
The defendants motioned for dismissal in September, calling the allegations “ridiculous” and arguing that the traders lack…
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