Celsius Network News

Celsius secured a $299.5 million settlement from Tether, ending a $4.3 billion courtroom fight tied to the lender’s 2022 collapse.  The agreement closes one of the estate’s largest contested claims and reduces uncertainty around remaining...

Key Highlights Tether will pay $299.5 million to the Celsius Network bankruptcy estate as part of a legal…

Bitcoin Magazine Tether Pays $300 Million to Settle $4.5 Billion Celsius Bankruptcy Claims Tether has agreed to pay nearly $300 million to the Celsius Network bankruptcy estate, settling years of litigation tied its 2022 collapse.  This post Tether...

A consortium established by the companies announced the recovery of Celsius funds tied to claims against Tether.

A federal judge has ordered Stephen Ehrlich to pay $750,000 to defrauded customers of Voyager Digital, the cryptocurrency lending platform he once led before its spectacular collapse.The consent order, entered yesterday (Monday) in Manhattan federal...

Celsius Network begins third $220M creditor payout, completing 64.9% of claims. Repayments include crypto and cash through multiple platforms. The post Celsius Network Begins Next Round of $220 Million Creditor Payment appeared first on Coinspeaker.

Celsius Network is beginning its third major distribution to creditors, a payout totaling $220.6 million. This is part of the court-supervised recovery plan that followed the crypto lender’s shocking collapse in 2022. For the thousands of users who...

A federal court has allowed Celsius Network to continue its $4 billion lawsuit against the stablecoin issuer Tether, a major development in one of the crypto industry’s most high-stakes legal battles.  The judge rejected Tether’s attempts to dismiss...

A U.S. judge has dismissed Tether’s attempt to stop Celsius Network from proceeding with its $4 billion Bitcoin lawsuit. The post Judge Allows Celsius to Proceed With $4 Billion Bitcoin Lawsuit Against Tether appeared first on Coinspeaker.

A US Bankruptcy Court has ruled that Celsius Network may proceed with several claims in its lawsuit against stablecoin issuer Tether, according to a June 30 order from Judge Martin Glenn. According to the filing, the court allowed Celsius to pursue...