U.S. Judge Clears Celsius’ $4B Bitcoin Case Against Tether

U.S. Judge Clears Celsius’ $4B Bitcoin Case Against Tether

In a critical ruling for crypto jurisprudence, a U.S. bankruptcy judge has authorized Celsius Network to move forward with its $4 billion lawsuit against stablecoin issuer Tether. The decision enables key claims—breach of contract, fraudulent transfer, and preferential treatment—to proceed in federal court. The suit centers on Tether’s alleged liquidation of 39,500 Bitcoin in June 2022, executed during a period of extreme market volatility. C...

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