Bitfinex has hired the law firm of Steptoe & Johnson and is threatening legal action against a blogger who has made false claims about the bitcoin exchange.
To date, every claim made by these bad actors has been patently false and made simply to agitate the cryptocurrency ecosystem. As a result, Bitfinex has decided to assert all of its legal rights and remedies against this agitator and his associates.
The in-house counsel for Bitfinex
The blogger Bitfinex'ed, the most popular critic of Binfinex, said the exchange has knowingly filed unjustified lawsuits that had no intent on completing, referring to an example of Bitfinex's lawsuit against Wells Fargo, which was withdrawn in April.
Recently, Bitfinex’ed accused Bitfinex of close ties to Tether, saying that Tether is issuing more tethers that it can redeem and issuing them to fund margin trading in Binfinex, thereby artificially pumping up the price of bitcoin. He or she has also stated that Bitfinex allowed and benefited from wash trading on the exchange, and that it misled customers and investors on other matters.
However, Bitfinex did not specify who exactly it might sue, on what grounds, or in which jurisdiction.