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Celsius secured a $299.5 million settlement from Tether, ending a $4.3 billion courtroom fight tied to the lenderās 2022 collapse.Ā
The agreement closes one of the estateās largest contested claims and reduces uncertainty around remaining recoveries. For creditors, the outcome clarifies the pool of assets available for distribution and allows the estateās managers to shift from litigation to execution.
The settlement was announced by the Blockchain Recovery Investment Consortium (BRIC), a venture formed by VanEck and GXD Labs to manage Celsiusās post-bankruptcy recovery. The deal closes a critical chapter in the estateās effortsā¦
Read The Full Article Celsius Cuts $4.3 Billion Claim With Tether In $299.5 Million Settlement On Coin Edition.
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