Wahahhhahah the article states that Tether believes the plaintiff’s claim has “no legal value”, but it’s a total projection/mirror bc this sounds much more like the court is acknowledging Tether has no legal value
Aug 4: Judge Rules to Dismiss Class Action Suit Against Tether
While the company was accused of “illegal and deceptive” practices, the plaintiffs claimed it lied about the stablecoin being fully backed by adequate dollar reserves and “hidden” the information that it failed routine inspections
The court ruled that the plaintiffs’ complaint lacked “reasonable damage claims” as it contained no factual evidence of the “decreased intrinsic value of USDT.”
JUST IN: Judge Rules to Dismiss Class Action Suit Against Tether
QSI Channel
Stellar Training