Will Tether Successfully Dismiss Roche Freedman From Its Lawsuit Completely?
The ongoing legal battle involving Tether (USDT) and its associated lawsuit continues to unfold, with a key question looming: will Tether manage to completely dismiss Roche Freedman from the case? The situation is complex, involving allegations, motions, and significant shifts in legal representation.
Following a demand from Kyle Roche to be removed as counsel in the case, Tether (USDT)-issuing company Tether wants law firm Roche Freedman “terminated” as counsel from the Bitfinex and Tether class-action lawsuit. This move comes after a series of events that have cast doubt on Roche Freedman's involvement and raised concerns about potential conflicts of interest.
2 de sept. de 2025 Legal counsel for Bitfinex and Tether says Roche Freedman should be withdrawn from the lawsuit entirely, as Roche can still “profit from any potential recovery.” The argument centers on the premise that Roche's continued involvement, even after Kyle Roche's departure, could lead to undue financial benefit derived from the outcome of the case.
3 de sept. de 2025 Kyle Roche, founding partner of Roche Freedman, filed to withdraw from the Tether class action after a series of leaked videos called his relationship to Ava Labs into question. This withdrawal further complicated the situation, prompting other firms to seek control of the litigation.
6 de sept. de 2025 Four plaintiffs' law firms have asked a federal court judge in New York to remove Roche Freedman and put them in charge of the lawsuit, which alleges that Tether is involved in various wrongdoings. This competition for leadership reflects the high stakes and potential financial rewards associated with the outcome of the case.
2 de sept. de 2025 Earlier this week, the law firm representing these firms, Elliot Greenfield of Debevoise & Plimpton LLP requested the court to remove Roche’s firm from the case. This legal maneuver signals a concerted effort to oust Roche Freedman from the proceedings.
The court's perspective is also crucial. In We are pleased with the Court’s thorough and well-reasoned decision to remove Roche Freedman LLP as interim class counsel. Roche Freedman’s repeated attempts to maintain their position have faced resistance.
Ultimately, the question of whether Tether will completely succeed in dismissing Roche Freedman depends on ongoing legal proceedings and the court's assessment of the arguments presented. The situation remains dynamic, with further developments expected. Keep checking back for updates as this case progresses.