NarrativaEmAlta

Tether in the dock? The Celsius case progresses.
🧑‍⚖️ U.S. court rejects Tether's request and allows billion-dollar lawsuit to proceed.
But what’s at stake here is not just money — it’s trust.

• Celsius accuses Tether of liquidating 39,500 BTC in 2022 (~$20,656 each, below market) without following the terms of the contract.
• Total value of the "fire sale"? Today it would be equivalent to over $4 billion.
• According to Celsius, Tether sold too quickly, without waiting for the legal period of 10 hours, and transferred the funds to Bitfinex (a company directly linked to Tether).

⚖️ The U.S. court denied part of Tether's request to dismiss the case.
They stated that the indications of breach of contract and “preferential” movements are strong enough to continue investigating.

📍 And more:
The judge understood that, despite Tether being incorporated in the British Virgin Islands, the case has sufficient connection to the U.S. to proceed in U.S. jurisdiction.

💥 What does this mean for the market?

• Tether under real legal pressure — and with reputational risk on the radar
• Institutional investors may reconsider exposure to USDT if the case escalates
• Any doubt about Tether's integrity becomes a spark in a powder keg

🪙 Reminder: Tether is the largest stablecoin issuer in the world, playing a central role in liquidity and trading pairs.
If the market loses confidence in Tether, the domino effect is heavy.

✍️ Screen summary
☑️ Celsius out of bankruptcy, but looking in the rearview mirror
☑️ Tether continues to avoid IPO and maintaining a closed stance
⚠️ Legal case advances and could set a precedent for the sector

Here’s the signal: what was called “old drama” is now new legal risk.
The narrative is back on the radar — and the market needs to look with more than curiosity.

$USDT
$BTC #TetherUpdate #Celsius #Bitcoin #CryptoLaw #Write2Earn #NarrativaEmAlta