KCN: BITFINEX AND TETHER REACT TO ALLEGATIONS
Alice is in touch! Bitfinex, a cryptocurrency exchange platform for digital assets, has responded to allegations. According to the official appeal, direct quote: “Even after taking three full months to amend their complaint, the plaintiffs’ allegations remain untethered to either the facts or the law. They conflate perceived correlation with causation in an effort to prop up theories that are untrue and unsupportable”, – said Stuart Hoegner, General Counsel for Bitfinex. Bitfinex also claims that, Tether was created to establish stability – not volatility – in the cryptocurrency market. We will follow the development of events in Bitfinex and Tether further. Stay with us.
