In the recent development reported by BlockBeats, the lawsuit filed by plaintiff Shawn Dolifka against Tether and Bitfinex was dismissed by the U.S. Federal District Court's chief judge for the Southern District of New York. This legal action eyed a class-action complaint, leading to the major decision of the court.
The legal victory for Tether and Bitfinex extends further as Dolifka, the plaintiff, has chosen not to go forward with any appeal against this courtroom judgment. This indicates that the case has now reached its conclusion, with the court’s decision fully accepted by the parties involved.