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Tether Claims to Be Okay With Merger of Class-Action Lawsuits Against It

Published 01/17/2020, 05:48 PM
Updated 01/17/2020, 07:22 PM
Tether Claims to Be Okay With Merger of Class-Action Lawsuits Against It

Currently facing multiple lawsuits, cryptocurrency stablecoin issuer Tether (USDT) received a request from prosecutors asking for consolidation, combining three lawsuits into one, which Tether has not denied.

“We did not oppose the plaintiffs’ requests to combine these frivolous claims, originally filed, respectively, in October in New York, in November in Washington and in January in New York,” reads a Tether statement shared with Cointelegraph via email on Jan. 17, 2020.

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