Celsius sues Tether for $2.4B in Bitcoin
Key Takeaways of Bitcoin Celsius accused Tether of wrongdoing in a 2022 agreement where Tether provided USDT to Celsius against BTC collateral. Tether denied wrongdoing, claimed the lawsuit is baseless and a “shakedown” attempt to recover losses from Celsius’ mismanagement. Tether, the issuer of the stablecoin USDT, has fired back at Celsius Network in response … Read more