Celsius vs. Tether: A High-Stakes Legal Battle Unfolds
Celsius is suing Tether for allegedly mishandling Bitcoin collateral, seeking around $3.5 billion. The lawsuit is contested by Tether, which claims Celsius directed the liquidation.

Celsius is suing Tether for allegedly mishandling Bitcoin collateral, seeking around $3.5 billion. The lawsuit is contested by Tether, which claims Celsius directed the liquidation.
Regarding the development of the blockchain industry, I personally think it will be relatively bright in the next few years.
Hong Kong, with its natural geographical proximity to the mainland and its advantages as an international financial center, has become the preferred investment platform for mainland private equity management institutions. As more and more mainland private equity management institutions pour into the Hong Kong market, how to plan the compliance work in the process in advance?
Celsius announced Wednesday that it has selected Novawulf Digital Management, a digital asset investment firm, to help bring its high-profile bankruptcy case to a close.
Digital assets deposited in Celsius Network’s Earn program belong to the bankrupt company’s estate and not individual users.
USDT stablecoin issuer Tether has denied any connection between its investment in Celsius and its reserves or stability.
Celsius just paid 20 million USDC to Aave, continuing to reduce debt on the decentralized finance (DeFi) lending protocol.
Crypto lender Celsius Network, one of the biggest in the world, has filed for Chapter 11 bankruptcy protection, joining a ...
Current downtrends in crypto prices have forced many digital asset service providers to reduce their staff to survive in a ...
Some Twitter users called it "insulting" that Celsius was still paying out weekly rewards despite suspending withdrawals.