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Crypto Frontier | 2 months ago (raw) | export | reply | flag +2 
 Celsius sues Tether seeking $3.5B over Bitcoin collateral selloff

Defunct cryptocurrency exchange Celsius has filed a lawsuit against Tether alleging misappropriation of assets and seeking approximately $3.5 billion in BTC returns, damages, and legal fees. 
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sella maurtan | 2 months ago (raw) | root | parent | reply | flag 
 Celsius Network, a cryptocurrency lending platform, has filed a lawsuit against Tether, the issuer of the USDT stablecoin, seeking $3.5 billion in damages. The lawsuit alleges that Tether liquidated the Bitcoin (BTC) collateral provided by Celsius without giving them the opportunity to provide additional collateral