Coinatory

Celsius Appeals $444M Denial in FTX Bankruptcy Case An FTX creditor activist disclosed that Celsius Network, the now-defunct cryptocurrency lender, has appealed a court ruling that denied its $444 million claim for FTX-related damages. The ongoing legal conflicts resulting from the bankruptcies of both cryptocurrency platforms have entered a new phase with this development. According to court documents, Celsius is contesting Judge John Dorsey's December decision, which rejected its demand for ... Coinatory

Celsius Sues Tether for $3.5B Over Bitcoin Collateral Celsius, the bankrupt cryptocurrency exchange, has initiated legal action against Tether, accusing the stablecoin issuer of misappropriating assets and seeking restitution totaling approximately $3.5 billion. The lawsuit centers on Bitcoin collateral provided by Celsius to Tether, which was liquidated amid falling cryptocurrency prices. Allegations and Legal Claims The core of the dispute involves a specific transaction where Tether loaned... cryptonews