Crypto exchange Bitfinex has secured another significant legal victory, as a class action lawsuit against it was dismissed by Chief Judge Laura Taylor Swain of the U.S. District Court for the Southern District of New York, according to a statement from the Bitfinex blog on Sept 12.
The lawsuit filed by Shawn Dolifka, a plaintiff whose request for leave to amend was denied by the court, sought to revisit arguments previously rejected. His proposed amendment failed to rectify the fundamental defects of his claims according to the court’s decision. Bitfinex stated,
“The entirety of the class action complaint being dismissed at this stage of the proceedings punctuates the fact that plaintiff’s claims were void of any legal merit.”
This dismissal underscores the notion that the plaintiff’s claims lacked any legal merit and reaffirms Bitfinex’s and Tether’s stand against litigation attempts aimed at monetary gains.
A month ago, Tether declared a similar victory, as the case aga
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