News with the tag "Celsius"

A New York bankruptcy court has allowed Celsius to proceed with a $4.3 billion lawsuit against Tether, alleging improper liquidation of Bitcoin collateral.

A U.S. bankruptcy judge has allowed a lawsuit to proceed against Tether, involving the liquidation of 39,500 BTC ($4 billion) from Celsius's collapse, raising significant legal and financial implications for the crypto industry.

A US bankruptcy judge has ruled that Celsius Network's lawsuit against Tether can proceed, citing sufficient ties to US activities, with Celsius alleging Tether breached agreements and improperly liquidated collateral.