Ifinex Inc, parent firm of Bitfinex, finds its ongoing legal troubles further complicated as a November lawsuit has been withdrawn by the plaintiff and refiled in a new district. The company, whose close affiliations with both the Bitfinex crypto exchange and stablecoin Tether have continually raised suspicion, now faces at least three ongoing legal battles. In December, an updated New York Attorney General’s filing was made, October’s class action suit is ongoing, and the now refiled ‘copycat’ lawsuit, originally filed in November, has been added to the list.

Also Read: Tron-Based Tether Has Ballooned to Over 900 Million Tokens, Almost 22% of Total Supply

Ifinex’s Legal Entanglements

The class action ‘copycat’ lawsuit from November was withdrawn last week from the Western District of Washington, and subsequently refiled in the Southern District of New York on Jan. 8, with the addition of one David Crystal to the list of plaintiffs. According to a lawyer involved in the case, “Plaintiffs refiled the case to efficiently vindicate…

Click to continue reading on its source location…

Source: https://news.bitcoin.com/bitfinex-copycat-lawsuit-withdrawn-and-then-refiled-in-new-district/