đš BREAKING: Celsius vs Tether $4B Lawsuit Gets Green Light
A U.S. bankruptcy judge just ruled that Celsius Networkâs $4 billion lawsuit against Tether can move forward.
đ What's the case about?
Celsius claims Tether wrongfully liquidated 39,500 $BTC (~$4B) pledged as collateral back in June 2022, breaching their lending agreement. Tether tried to dodge U.S. jurisdiction â but the court says the claims are valid and will be examined.
đ Celsius is alleging:
Breach of contract
Fraudulent transfer
Violation of priority rights
đ This could become one of the biggest crypto legal battles in history.
Stay tuned... this isnât just about two firms â itâs about collateral trust, lending protocols, and who controls liquidation in crypto's grey zones.
