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Tether and Celsius settle $4.3 billion fight for $299.5 million

Celsius Network has received a $299.5 million settlement from Tether, the largest stablecoin issuer. According to a release published today, Celsius Network has concluded its lawsuit against Tether, ...
JD Supra

Understanding Celsius Network Adversary Proceedings: An Insight into the Complexities of Bankruptcy Claims

The Celsius Network bankruptcy case is a landmark event in the cryptocurrency world, not just because of the scale of financial failure but due to the complex legal battles it has ignited against tens ...
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Celsius Network Secures $299.5 Million Settlement From Tether, Amounting To Only 7% Of $4.3 Billion Claim

After nearly three years of litigation, Celsius Network (CEL) has secured a $299.5 million settlement from stablecoin issuer Tether (USDT), resolving a legal dispute over the early liquidation of ...
KSAT

Founder of crypto platform Celsius Network is sentenced to 12 years in prison

NEW YORK – The founder and former CEO of the cryptocurrency lending platform Celsius Network was sentenced Thursday to 12 years in prison after a prosecutor labeled him a predator who “preyed on hope” ...
Business Wire

Blockchain Recovery Investment Consortium (BRIC) Announces $299.5 Million Settlement with Tether in Celsius Network Bankruptcy

NEW YORK & MIAMI--(BUSINESS WIRE)--Today, the Blockchain Recovery Investment Consortium (BRIC), a joint venture between GXD Labs and VanEck, announced that Tether has paid $299.5 million to the ...