Bitfinex says the second attempt by plaintiffs to frame the bitcoin manipulation complaint will fail just like the first attempt.
The Bitfinex comments follow a notice by Bittrex and Poloniex disputing claims that they knew about the alleged market manipulation by Bitfinex.
In June, the plaintiffs namely, Matthew Script, Benjamin Leibowitz, Jason Leibowitz, Aaron Leibowitz and Pinchas Goldshtein filed to add Bittrex and Poloniex to the lawsuit.
Plaintiffs argued that Bittrex and Poloniex are complicit in Bitfinex and the Tether issuer’s alleged grand scheme to launder and circulate billions of unbacked USDT stablecoins.
However, in a new twist to the case, attorneys for Bittrex and Poloniex (the Exchange Defendants) have notified United States District Court Southern District of New York, their intention to move for summary judgment. The notice was filed before Judge Katherine Polk Failla on August 7.
In a blog posting, seemingly prompted by the notice, Bitfinex rails against the lawsuit including moves to implicate Bittrex and…