Stablecoin giant Tether has paid out almost $300 million to settle claims regarding allegedly improper Bitcoin liquidations tied to the collapse of crypto lender Celsius.
In brief
Tether paid $299.5 million to settle Celsius Network bankruptcy claims, far less than the nearly $4.5 billion in Bitcoin originally sought.
Celsius claimed that Tether improperly liquidated Bitcoin before its bankruptcy without proper notice… [2549 chars]
Source: Decrypt | Published: 2025-10-14T18:34:43Z
Credit: Decrypt
