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Plaintiffs in Tether-Bitcoin Price Manipulation Case Will Not Drop Complaint

Published 12/03/2019, 08:29 AM
Updated 12/03/2019, 10:01 AM
© Reuters.  Plaintiffs in Tether-Bitcoin Price Manipulation Case Will Not Drop Complaint

© Reuters. Plaintiffs in Tether-Bitcoin Price Manipulation Case Will Not Drop Complaint

The plaintiffs in a class-action lawsuit accusing the Tether (USDT)-affiliated crypto exchange Bitfinex of Bitcoin (BTC) price manipulation have declined to amend their complaint.

According to a court filing dated Dec. 2, the plaintiffs declined to make amendments to their complaint as a study conducted by John Griffin and Amin Shams “still concludes that USDT was being used to manipulate Bitcoin prices.” Moreover, they state that the findings connect the manipulation to a single entity.

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