Tag: Celsius
Celsius is suing Tether, demanding $3.5 billion for the sale of Bitcoin collateral
The now-defunct cryptocurrency exchange Celsius has sued Tether, claiming that funds were misappropriated. The lawsuit is seeking about $3.5 billion in damages, legal fees, and BTC restitution. According to Tether,…
Frustrated by recoveries, Celsius Loan creditors intend to oppose Celsius’ reorganization plan
According to people familiar with the situation who spoke with The Block, cryptocurrency traders are looking into legal challenges to Celsius’ reorganization plan because they feel the accord unfairly favors…
Celsius Network’s Bold Move: Court Approval Secured for Bitcoin Mining
In a significant development, the US Bankruptcy Court for the Southern District of New York has granted approval for Celsius Network’s restructuring plans, marking a pivotal moment in the Chapter…