Bitfinex and Tether Move for Case Dismissal Over Lack of Jurisdiction

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Bitfinex and Tether Move for Case Dismissal Over Lack of JurisdictionBitfinex and Tether lawyers are moving to dismiss their ongoing case versus the New York Attorney General (NYAG), according to court filings on May 21. Law firms representing the two companies argue that the New York Supreme Court (NYSC) does not have jurisdiction over the alleged misconduct being considered. The lawyers argue that the NYSC has neither personal nor subject matter jurisdiction and that the NYSC cannot be appealed to, because Bitfinex and Tether are neither operated out of New York nor harmed investors in that state.


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