Celsius Sues Tether for $2.4 Billion Over Bitcoin Collateral
The bankrupt lending platform Celsius has filed a lawsuit against Tether, seeking compensation of 39,542 BTC (approximately $2.4 billion). According to the document, the amount in question was collateral for a loan from the USDT stablecoin issuer. Tether requested additional collateral following a decline in Bitcoin’s price in early 2022. Celsius complied with Tether’s request, […]