Earlier, Tether had hoped to stop the Court from producing such judgment. In its defense, the company said the Court should reject the plaintiffs’ request because it was way “overboard” and unrelated to their claims.
However, it seemed Hon. Katherine Failla was not in favor of the defense talks and gave the go-ahead. The judgment meant Tether was to provide all its accounts across exchanges, including Poloniex, Bittrex, and Bitfinex. The judge said, “The Court agrees that these issues should have been resolved at an earlier date. But it will not fully fault Plaintiffs where both sides knew there was disagreement. “On USDT’s part, the update did not seem to affect the network negatively. According to Santiment, the 24-hour active addresses only
a little from the number on 19 September. The addresses only dropped from 59,300 to 56,900 at press time.As for its market cap, USDT remained relatively stable, while no significant dump was witnessed. In fact, its