Tether and Bitfinex Accused of USDT Market Manipulation in Major Lawsuit

An ongoing lawsuit has plaintiffs accusing Tether and Bitfinex of artificially influencing cryptocurrency prices using USDT. The legal complaints highlight multiple alleged violations, including the Commodities Exchange Act and the Sherman Antitrust Act. A statement from the legal document suggests that Tether and Bitfinex conducted covert operations to skew market demand and

Source: CoinOtag