Celsius $4B Bitcoin Lawsuit Against Tether Moves Forward

[ad_1] A US bankruptcy judge ruled that Celsius Network’s multibillion-dollar lawsuit against Tether can proceed, denying in part Tether’s attempt to dismiss claims that it “improperly” liquidated Celsius’s Bitcoin collateral during the... Read more »

Alex Mashinsky forfeits rights to Celsius assets amid ongoing bankruptcy process

[ad_1] Alex Mashinsky, the former CEO of Celsius, has agreed to surrender all rights to assets tied to the collapsed crypto lender. According to newly filed court documents, Mashinsky and entities associated with... Read more »

Tether calls Celsius’ lawsuit “baseless” in response to Bitcoin liquidation dispute

[ad_1] Tether Limited, the issuer of the largest stablecoin USDT, has strongly dismissed a lawsuit filed by Celsius Network Limited. In a press release on Saturday, Tether accused the defunct crypto lender... Read more »