Tether Claims to Be Okay With Merger of Class-Action Lawsuits Against It

Cointelegraph

Published Jan 17, 2020 05:48PM ET

Updated Jan 17, 2020 07:22PM ET

Tether Claims to Be Okay With Merger of Class-Action Lawsuits Against It

Currently facing multiple lawsuits, cryptocurrency stablecoin issuer Tether (USDT) received a request from prosecutors asking for consolidation, combining three lawsuits into one, which Tether has not denied.

“We did not oppose the plaintiffs’ requests to combine these frivolous claims, originally filed, respectively, in October in New York, in November in Washington and in January in New York,” reads a Tether statement shared with Cointelegraph via email on Jan. 17, 2020.

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