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21 de sept. de 2025 Three years into the legal case, Judge Katherine Polk Failla has allowed the plaintiffs’ “Requests for Production (“RFPs”), ordering Tether and Bitfinex to produce financial As part of the legal proceedings related to a market manipulation case that dates back to 2025, Katherine Polk Failla, a judge for the U.S. District Court for the Southern 21 de sept. de 2025 As the lawsuit accusing Tether (USDT) and cryptocurrency exchange Bitfinex of conspiracy to issue its stablecoin in order to pump the price of Bitcoin (BTC) Explore Tether’s ongoing legal challenges and their potential impact on the cryptocurrency landscape. This article dives into the controversies, legal implications, and 21 de sept. de 2025 A judge in New York has ordered stablecoin issuer Tether to produce financial documents proving the dollar backing of USDT, as part of a lawsuit alleging the firm The potential legal issues surrounding Tether could have a ripple effect on the cryptocurrency market. If Tether were to face any judicial setbacks, it could lead to According to a filing submitted to the New York court system on Jan. 19, the legal counsel for iFinex Inc requested another 30 days to produce the documents demanded

Tether Legal Woes Prolong: Financial Records Demanded in Ongoing Case

The legal battles surrounding Tether (USDT) and its potential impact on the cryptocurrency market continue to unfold. Explore Tether’s ongoing legal challenges and their potential impact on the cryptocurrency landscape. This article dives into the controversies, legal implications, and the persistent demands for financial transparency.

At the heart of the matter is a long-running market manipulation case dating back to 2025. The lawsuit accuses Tether and cryptocurrency exchange Bitfinex of conspiracy to issue its stablecoin in order to pump the price of Bitcoin (BTC). As the lawsuit accusing Tether (USDT) and cryptocurrency exchange Bitfinex of conspiracy to issue its stablecoin in order to pump the price of Bitcoin (BTC)

A crucial point in the proceedings occurred around 21 de sept. de 2025, when Judge Katherine Polk Failla, a judge for the U.S. District Court for the Southern District of New York, ruled on the production of financial documents. 21 de sept. de 2025 Three years into the legal case, Judge Katherine Polk Failla has allowed the plaintiffs’ “Requests for Production (“RFPs”), ordering Tether and Bitfinex to produce financial documents. This ruling underscores the persistent calls for Tether to prove the dollar backing of USDT.

The demand for these financial records is central to the lawsuit. 21 de sept. de 2025 A judge in New York has ordered stablecoin issuer Tether to produce financial documents proving the dollar backing of USDT, as part of a lawsuit alleging the firm engaged in market manipulation. These records are essential for determining whether USDT is truly backed 1:1 by USD, as claimed.

Recent developments indicate continued delays in the production of these documents. According to a filing submitted to the New York court system on Jan. 19, the legal counsel for iFinex Inc requested another 30 days to produce the documents demanded. This ongoing struggle to produce the requested information raises questions about the complexity and potential sensitivity of the financial records in question.

The potential legal issues surrounding Tether could have a ripple effect on the cryptocurrency market. If Tether were to face any judicial setbacks, it could lead to significant market volatility and decreased confidence in stablecoins. The outcome of this case remains crucial for the future of USDT and the broader crypto ecosystem.

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