U.S. Court Engages in Celsius and Tether Dispute

A bankruptcy court in the United States has agreed to continue with the legal proceedings initiated by Celsius Network against Tether, a major stablecoin issuer. This confrontation arises from Celsius’ accusations following its financial turmoil in 2022, where it alleged that Tether prematurely liquidated 39,500 BTC, worth around $812 million, placed as collateral.

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