Tether and Bitfinex Obtain Final Judgment in Groundless Lawsuit; Plaintiff Declines to Appeal

The post Tether and Bitfinex Obtain Final Judgment in Groundless Lawsuit; Plaintiff Declines to Appeal appeared first on Coinpedia Fintech News

In a significant legal victory for Tether and Bitfinex, Shawn Dolifka, the plaintiff in a meritless class action lawsuit, has decided not to appeal the judgment in favor of the companies, following the denial of his motion to amend his complaint by Chief Judge Laura Taylor Swain of the U.S. District Court for the Southern District of New York. Judge Swain’s dismissal of the lawsuit is now final, and Tether and Bitfinex can rest easy, knowing that they will not fall prey to shameless litigation money grabs.

Dolifka Drops Appeal Against Tether and Bitfinex

Dolifka’s decision to forego his appeal rights was a wise one, as his claims were entirely meritless, and further litigation would not have resulted in any monetary or other benefits for him or his attorneys. Tether and Bitfinex have consistently refused to be swayed by frivolous litigation attempts aimed at extorting money, and this latest development is a testament to their unwavering commitment to fighting against such unscrupulous tactics.