Bittrex and Poloniex Moves To Summary Judgment

Bittrex and Poloniex moves to summary judgment. Attorneys for Bittrex and Poloniex (the Exchange Defendants) informed New York’s United States District Court Southern District of their intention to apply for a summary judgment. The notification was filed on 7 August before Judge Katherine Polk Failla.

“This time the lynchpin of their nonsense claim is that market manipulation was executed through bitcoin addresses owned and controlled by Bitfinex, which plaintiffs then allege were used in concert with Bittrex and Poloniex to execute a fantastical conspiracy.” rails Bitfinex.

Bitfinex adds “it will not settle any of the meritless claims plaintiffs continue to manufacture.”

Bittrex and Poloniex say they want a summary judgement made because “plaintiffs cannot prove the central premise of their claims against the exchange defendants.”

In their defense, lawyers for Bittrex and Poloniex state they “will submit with their summary judgment motions admissible evidence demonstrating the actual ownership of the 1J1d and 1AA6 accounts by this individual, rather than Bitfinex.”

The lawyers are optimistic that after their submission, the “burden” will then move to the plaintiffs to provide adequate proof to establish a legitimate one.

[image: Tingey Injury Law Firm]

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