BIG: A New York judge has allowed Celsius to pursue a $4.3 billion lawsuit against Tether over 40,000 $BTC liquidation.

Celsius accuses @Tether_to of selling its Bitcoin while Celsius was pausing withdrawals in 2022.

The company says it had enough $BTC to meet loan terms but was not given the agreed 10-hour window to post collateral before Tether sold the assets.

Tether denies any wrongdoing and says the lawsuit is just a way for @CelsiusNetwork to shift the blame.

Tether claims Celsius leaders actually directed the Bitcoin sale to close an $815 million $USDT loan position.

📄 Court filing: 👇[storage.courtlistener.com/recap/gov.usco…]