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Tether and Celsius settle $4.3 billion fight for $299.5 million

Celsius Network has received a $299.5 million settlement from Tether, the largest stablecoin issuer. According to a release published today, Celsius Network has concluded its lawsuit against Tether, ...
KSAT

Founder of crypto platform Celsius Network is sentenced to 12 years in prison

NEW YORK – The founder and former CEO of the cryptocurrency lending platform Celsius Network was sentenced Thursday to 12 years in prison after a prosecutor labeled him a predator who “preyed on hope” ...
JD Supra

Understanding Celsius Network Adversary Proceedings: An Insight into the Complexities of Bankruptcy Claims

The Celsius Network bankruptcy case is a landmark event in the cryptocurrency world, not just because of the scale of financial failure but due to the complex legal battles it has ignited against tens ...
Business Wire

Blockchain Recovery Investment Consortium (BRIC) Announces $299.5 Million Settlement with Tether in Celsius Network Bankruptcy

NEW YORK & MIAMI--(BUSINESS WIRE)--Today, the Blockchain Recovery Investment Consortium (BRIC), a joint venture between GXD Labs and VanEck, announced that Tether has paid $299.5 million to the ...