Bitfinex Scoffs at Tether Market Manipulation Lawsuit: Bittrex and Poloniex File for Summary Judgment
The Bitfinex comments follow a notice by Bittrex and Poloniex disputing claims that they knew about the alleged market manipulation by Bitfinex. In a blog posting, seemingly prompted by the notice, Bitfinex rails against the lawsuit including moves to implicate Bittrex and Poloniex in the alleged market manipulation.
“This time the lynchpin of their nonsense claim is that market manipulation was executed through bitcoin addresses owned and controlled by Bitfinex, which plaintiffs then allege were used in concert with Bittrex and Poloniex to execute a fantastical conspiracy,’ rails Bitfinex. Meanwhile, in their notice, Bittrex and Poloniex say they want a summary judgement made because “plaintiffs cannot prove the central premise of their claims against the exchange defendants.”.