Both Tether and Bitfinex of parent company Ifinex have published a critique of allegations related to the two companies’ manipulation of the cryptocurrency market.

where it came in the post Yesterday, Saturday, the Tether company issued a claim that there is an “unrewarding lawsuit and mercenaries.”

She added that these lawsuits are subjective and far from objective, accusing the company of being responsible for manipulating the cryptocurrency market.

Bitfinex issued a similar statement transcribed with the word “Tether” replaced with “Bitfinex.”

The statement clarifies that there are baseless accusations and that these accusations are an attempt to undermine the growth and success of the entire digital token community, of which “Bitfinex” and “Tether” are an essential and key part.

Read:How Tron (TRX) became in the top 10 cryptocurrency list

Quoted from the published statement:

Tether and all related to it have never used Tether tokens to manipulate the cryptocurrency market or control its pricing.

All tether tokens are fully backed by reserves and issued according to market demand, not for the purpose of controlling the pricing of crypto assets. “

For information, we followed on the Bitcoin Arab website the merits of the case related to the lawsuit filed against Ifinex by the New York Attorney General, which lasted for months before the court decided recently to approve Ifinex’s request to deliver documents and documents to the New York Attorney General before the date of November 4:

Read:A subsidiary of the “Capital Group” buys 12% of the shares of the “MicroStrategy” company that supports bitcoin

Bitfinex wins the lawsuit filed against it by the New York Attorney General

Read also:

Telegram Network (TON) unveils the beta version of its blockchain

Best Cryptocurrency Trading Platforms 2019