Was Tether’s Bitcoin Dump the Final Nail in Celsius’s Coffin? Court Says Lawsuit Can Move Forward
A U.S. judge has allowed Celsius to sue Tether over the forced sale of 39,545 Bitcoin during its 2022 collapse, which Celsius says caused over $4 billion in losses. The court rejected Tether’s argument about being outside U.S. jurisdiction, meaning key claims like fraud and breach of contract will go ahead.
