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Celsius Tether lawsuit

Bankruptcy Court Greenlights Celsius’ $4 Billion Lawsuit Against Tether Over Alleged Unlawful BTC Liquidation

A US bankruptcy court has granted bankrupt crypto lender Celsius Network permission to pursue legal action against stablecoin issuer Tether. Celsius alleges Tether unlawfully liquidated 39,500 Bitcoin (BTC) worth approximately $4 billion to recover an $812 million loan during Celsius’s… Read More »Bankruptcy Court Greenlights Celsius’ $4 Billion Lawsuit Against Tether Over Alleged Unlawful BTC Liquidation

Federal Judge Clears Celsius’ $4 Billion Bitcoin Lawsuit Against Tether, Spotlighting Crypto Counterparty Risk

A U.S. federal judge has authorized bankrupt crypto lender Celsius Network to pursue a $4 billion lawsuit against Tether over alleged mishandling of Bitcoin collateral liquidation. The dispute centers on claims that Tether improperly executed a liquidation event, causing substantial… Read More »Federal Judge Clears Celsius’ $4 Billion Bitcoin Lawsuit Against Tether, Spotlighting Crypto Counterparty Risk