Bitfinex General Counsel: Bitfinex and Tether Class Action are unfounded allegations

Bittux and Tether's general counsel, Stuart Hoegner, said in an interview that the class action against Bitfinex and Tether is purely an opportunistic lawsuit, looking forward to resolving its unfounded allegations. Earlier on October 7th, the US District Court for the Southern District of New York filed a class action lawsuit against Bitfinex and Tether. According to public documents, the plaintiff accused Bitfinex and Tether of deceiving investors, manipulating the market and hiding illegal proceeds through Tether.