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In re Tether and Bitfinex Crypto Asset Litigation

  1. September 29, 2021

    Tether, Bitfinex Must Face Crypto Market Manipulation Claims

    Crypto asset buyers can pursue many of their claims that the company behind cryptocurrency exchange Bitfinex and the stablecoin tether manipulated the digital asset market and artificially inflated prices, a New York federal court found Tuesday.

  2. November 06, 2020

    Investors Defend $1.4T Crypto Price-Rigging Conspiracy Suit

    Investors accusing Tether, Bitfinex and several others of a "far-reaching conspiracy" to manipulate the market for cryptocurrencies are asking a New York federal judge to reject recent bids to nix their $1.4 trillion antitrust suit.

  3. September 04, 2020

    Crypto Cos. Want Out Of $1.4T Bitcoin Manipulation Suit

    Tether, Bitfinex, embattled former NFL investor Reginald Fowler and others accused of manipulating the bitcoin market asked a New York federal judge to let them out of a $1.4 trillion proposed securities class action in a flurry of motions filed Thursday.

  4. February 27, 2020

    Roche Cyrulnik Takes Lead In $1.4T Bitcoin Manipulation Suit

    Roche Cyrulnik Freedman LLP confirmed Thursday that a New York federal judge has appointed it interim lead counsel in a bitcoin market manipulation case against Bitfinex and Tether that could be worth up to $1.4 trillion in damages.

  5. February 10, 2020

    Roche Cyrulnik, Kirby, Robbins Geller Vie To Lead Bitcoin Suit

    Three sets of law firms are seeking to be interim class counsel in a bitcoin market manipulation case against Bitfinex and Tether that, by one account, could be worth up to $1.4 trillion in damages, with Roche Cyrulnik Freedman LLP, Kirby McInerney LLP and Robbins Geller Rudman & Dowd LLP reiterating why they are each best placed to litigate the claims.

  6. January 28, 2020

    Roche Cyrulnik, Kirby McInerney Bid For Lead In Bitcoin Suit

    Three sets of firms are vying to be interim class counsel in a consolidated blockbuster bitcoin manipulation case in New York federal court, with newly formed Roche Cyrulnik Freedman LLP, Kirby McInerney LLP and Robbins Geller Rudman & Dowd LLP in the running.

  7. January 27, 2020

    Quartet Of Bitcoin Manipulation Cases Consolidated In SDNY

    Tether and Bitfinex now face a consolidated class action in New York federal court after a judge ordered the consolidation of four cases with overlapping claims that the cryptocurrency companies manipulated the Bitcoin market and cost investors hundreds of billions of dollars.

  8. January 14, 2020

    Kirby McInerney, Radice Law Vie For Co-Lead In Bitfinex Case

    Two firms threw their hats in the ring Monday for co-lead counsel in a suit against cryptocurrency exchange Bitfinex and its affiliated token-issuer Tether over alleged bitcoin market manipulation, as a New York federal court considers combining it with a similar proposed class action.

  9. January 06, 2020

    2 Firms Ask To Co-Lead $1.4T Bitcoin Manipulation Case

    Roche Freedman LLP and Schneider Wallace Cottrell Konecky Wotkyns LLP told a New York federal court they should be appointed interim co-lead counsel for a blockbuster proposed class action against Bitfinex and Tether seeking more than $1.4 trillion in damages for bitcoin market manipulation claims.

  10. January 01, 2020

    Fintech Litigation To Watch In 2020

    In 2019, the U.S. Securities and Exchange commission brought a pair of closely watched actions against Kik Interactive Inc. and Telegram Group Inc. for unregistered offerings of digital tokens, setting the stage for an intriguing 2020. Two other big names in fintech, Bitfinex and Tether, faced questions about potential market manipulation.