E Pluribus Unum: Four Class-Action Suits Against Bitfinex Over 2017 BTC Price Now One

Cointelegraph

Published Jan 27, 2020 04:45PM ET

Updated Jan 27, 2020 06:22PM ET

E Pluribus Unum: Four Class-Action Suits Against Bitfinex Over 2017 BTC Price Now One

The four class-action suits against Bitfinex, Tether and parent company iFinex over alleged market manipulation leading to Bitcoin’s (BTC) 2017 bull market have been consolidated — with implications for every BTC buyer since April 2017.

Per an order dated Jan. 24 and filed Jan. 27 from Judge Failla of the court of the Southern (NYSE:SO) District of New York (SDNY), four complaints have been consolidated. Plaintiffs Leibowitz, Young, Faubus and Ebanks — as well as assorted sub-listed parties in each of those cases — will now have their cases heard jointly.

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