15 Nov Choose Finalizes Dismissal of Meritless Lawsuit Towards Tether and Bitfinex, Plaintiff Drops Attraction
Following the order of Chief Choose Laura Taylor Swain of the U.S. District Courtroom for the Southern District of New York denying Shawn Dolifka’s movement for go away to amend his meritless class motion criticism filed towards Tether and Bitfinex corporations, Dolifka elected to not enchantment the choice. Choose Swain’s dismissal of the lawsuit and judgment in favor of the Tether and Bitfinex corporations is now closing in all respects.
Fairly in contrast to Dolifka’s ill-advised choice to file the motion within the first place, his choice to forego his enchantment rights was the right choice. His claims had been totally 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 transferring ahead, as we’ve got mentioned many instances earlier than, Bitfinex and Tether won’t ever fall prey to shameless litigation cash grabs.