15 Nov Decide Finalizes Dismissal of Meritless Lawsuit In opposition to Tether and Bitfinex, Plaintiff Drops Attraction

Following the order of Chief Decide Laura Taylor Swain of the U.S. District Court docket for the Southern District of New York denying Shawn Dolifka’s movement for depart to amend his meritless class motion grievance filed in opposition to Tether and Bitfinex corporations, Dolifka elected to not attraction the choice. Decide Swain’s dismissal of the lawsuit and judgment in favor of the Tether and Bitfinex corporations is now remaining in all respects.

Fairly not like Dolifka’s ill-advised choice to file the motion within the first place, his choice to forego his attraction rights was the right choice. His claims have been fully meritless, and no quantity of additional litigation would have resulted in Dolifka or his attorneys realizing something monetarily or in any other case. Right here and shifting ahead, as now we have stated many instances earlier than, Bitfinex and Tether won’t ever fall prey to shameless litigation cash grabs.