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US court greenlights most claims in Currenex class action

Civil lawsuit brought by XTX and two other financial firms advances to next stage before trial

Southern-District-Court-of-New-York

A US judge has ruled that several core claims of fraud, conspiracy, antitrust and racketeering in a class-action lawsuit brought against spot foreign exchange platform Currenex, Goldman Sachs, HC Technologies and State Street were “plausible” and can proceed towards a trial.

In an opinion filed in the Southern District Court of New York on May 17, the judge rejected most attempts by the

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