The post Tether resolves all issues in Celsius bankruptcy case appeared on BitcoinEthereumNews.com. Key Takeaways Tether has settled all claims relating to the Celsius bankruptcy case. The settlement resolves long-standing disputes regarding Tether’s role in liquidating Celsius loans during the lender’s 2022 collapse. Tether has settled all claims related to the Celsius bankruptcy case, CEO Paolo Ardoino announced today. The agreement resolves disputes between Tether and Celsius, a crypto lending firm that filed for bankruptcy in 2022. Tether had previously described the litigation as an unfounded attempt by Celsius to extract funds during its bankruptcy proceedings. The stablecoin issuer maintained it was defending against claims initiated by the lending platform. The disputes stemmed from Tether’s involvement in liquidating Celsius loans during market volatility that contributed to the lender’s collapse. Celsius filed for Chapter 11 bankruptcy protection in July 2022 after freezing customer withdrawals amid a liquidity crisis. The settlement marks the resolution of one of the remaining legal challenges from Celsius’s bankruptcy case, which has been unwinding for over three years. Source: https://cryptobriefing.com/tether-resolves-celsius-bankruptcy-case/The post Tether resolves all issues in Celsius bankruptcy case appeared on BitcoinEthereumNews.com. Key Takeaways Tether has settled all claims relating to the Celsius bankruptcy case. The settlement resolves long-standing disputes regarding Tether’s role in liquidating Celsius loans during the lender’s 2022 collapse. Tether has settled all claims related to the Celsius bankruptcy case, CEO Paolo Ardoino announced today. The agreement resolves disputes between Tether and Celsius, a crypto lending firm that filed for bankruptcy in 2022. Tether had previously described the litigation as an unfounded attempt by Celsius to extract funds during its bankruptcy proceedings. The stablecoin issuer maintained it was defending against claims initiated by the lending platform. The disputes stemmed from Tether’s involvement in liquidating Celsius loans during market volatility that contributed to the lender’s collapse. Celsius filed for Chapter 11 bankruptcy protection in July 2022 after freezing customer withdrawals amid a liquidity crisis. The settlement marks the resolution of one of the remaining legal challenges from Celsius’s bankruptcy case, which has been unwinding for over three years. Source: https://cryptobriefing.com/tether-resolves-celsius-bankruptcy-case/

Tether resolves all issues in Celsius bankruptcy case

Key Takeaways

  • Tether has settled all claims relating to the Celsius bankruptcy case.
  • The settlement resolves long-standing disputes regarding Tether’s role in liquidating Celsius loans during the lender’s 2022 collapse.

Tether has settled all claims related to the Celsius bankruptcy case, CEO Paolo Ardoino announced today. The agreement resolves disputes between Tether and Celsius, a crypto lending firm that filed for bankruptcy in 2022.

Tether had previously described the litigation as an unfounded attempt by Celsius to extract funds during its bankruptcy proceedings. The stablecoin issuer maintained it was defending against claims initiated by the lending platform.

The disputes stemmed from Tether’s involvement in liquidating Celsius loans during market volatility that contributed to the lender’s collapse. Celsius filed for Chapter 11 bankruptcy protection in July 2022 after freezing customer withdrawals amid a liquidity crisis.

The settlement marks the resolution of one of the remaining legal challenges from Celsius’s bankruptcy case, which has been unwinding for over three years.

Source: https://cryptobriefing.com/tether-resolves-celsius-bankruptcy-case/

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Franklin Templeton CEO Dismisses 50bps Rate Cut Ahead FOMC

Franklin Templeton CEO Dismisses 50bps Rate Cut Ahead FOMC

The post Franklin Templeton CEO Dismisses 50bps Rate Cut Ahead FOMC appeared on BitcoinEthereumNews.com. Franklin Templeton CEO Jenny Johnson has weighed in on whether the Federal Reserve should make a 25 basis points (bps) Fed rate cut or 50 bps cut. This comes ahead of the Fed decision today at today’s FOMC meeting, with the market pricing in a 25 bps cut. Bitcoin and the broader crypto market are currently trading flat ahead of the rate cut decision. Franklin Templeton CEO Weighs In On Potential FOMC Decision In a CNBC interview, Jenny Johnson said that she expects the Fed to make a 25 bps cut today instead of a 50 bps cut. She acknowledged the jobs data, which suggested that the labor market is weakening. However, she noted that this data is backward-looking, indicating that it doesn’t show the current state of the economy. She alluded to the wage growth, which she remarked is an indication of a robust labor market. She added that retail sales are up and that consumers are still spending, despite inflation being sticky at 3%, which makes a case for why the FOMC should opt against a 50-basis-point Fed rate cut. In line with this, the Franklin Templeton CEO said that she would go with a 25 bps rate cut if she were Jerome Powell. She remarked that the Fed still has the October and December FOMC meetings to make further cuts if the incoming data warrants it. Johnson also asserted that the data show a robust economy. However, she noted that there can’t be an argument for no Fed rate cut since Powell already signaled at Jackson Hole that they were likely to lower interest rates at this meeting due to concerns over a weakening labor market. Notably, her comment comes as experts argue for both sides on why the Fed should make a 25 bps cut or…
Share
BitcoinEthereumNews2025/09/18 00:36
Where to Buy BFS Crypto? Arkham Abandons the CEX Model, North Korean Malware Targets Traders, and DeepSnitch AI’s Moonshot Launch Is About to Come and Go in Early 2026

Where to Buy BFS Crypto? Arkham Abandons the CEX Model, North Korean Malware Targets Traders, and DeepSnitch AI’s Moonshot Launch Is About to Come and Go in Early 2026

A fair few headlines have broken on February 11 that, taken together, paint a vivid picture of where crypto is headed and what it still needs to fix. Arkham Exchange
Share
Captainaltcoin2026/02/12 23:30
Metaplanet raises $1.4B to fuel BTC purchases and U.S. subsidiary launch

Metaplanet raises $1.4B to fuel BTC purchases and U.S. subsidiary launch

Metaplanet Inc. has formalized the subsidiary in Miami, Florida, naming it Metaplanet Income Corp.
Share
Cryptopolitan2025/09/17 23:34