Celsius $4B Bitcoin Lawsuit Against Tether Moves Forward
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 crypto lender’s collapse. According to court documents filed in New York on Monday, Celsius alleges that Tether (USDT) executed a “fire sale” of over…
