Tether and Bitfinex have emerged victorious in a class-action lawsuit, with the US District Court for the Southern District of New York rejecting claims against Tether's reserve honesty. Chief Judge Laura Taylor Swain denied the plaintiff's request to amend the complaint, leading to a final decision in favor of the crypto companies. Tether and Bitfinex, in a statement, dismissed the allegations as baseless and vowed to stand firm against such "money-grabbing lawsuits" in the future.
