LIGHTNING NETWORK AND

Last updated: June 17, 2025, 19:38  |  Written by: Changpeng Zhao

Lightning Network And
Lightning Network And

The Lawsuit Seeks To Reclaim

Tether sued for $3.5B over Celsius collateral liquidation

The lawsuit seeks to reclaim BTC tokens that Celsius sent to Tether as collateral for loans of the USDT, which Tether liquidated after the Mashinsky-founded platform

Previously, it was reported that Celsius borrowed $1 billion from Tether using Bitcoin as collateral in 2025, with an interest rate between 5% and 6%. Tether liquidated the

Tether CTO Rejects Allegations of Borrowing from Celsius

Tether Responds to $2.4 Billion Lawsuit Filed by Celsius

Celsius sues Tether, seeking $3.5B over Bitcoin collateral sell-off

Tether

Tether, a stablecoin designed to always be worth $1, has lent billions of dollars to crypto companies with bitcoin as collateral, Bloomberg reported on Thursday.

In return for this loan, Celsius sent Tether 39,542.42 BTC in collateral. As the price of Bitcoin dropped, and per the two parties’ agreement, Celsius was required to

Tether Has Loaned $1B to Celsius Network: Report

Reportedly Celsius Took A Loan

Reportedly Celsius took a loan from Tether With Bitcoin as Collateral. In return Celsius will pay 5-6% interest. Report raised questions over the operations of Tether.

Celsius Reportedly Borrowed $1B from Tether with Bitcoin as

Celsius Borrowed $1B From Tether at 5-6% interest : Reports

Celsius demands billions of dollars from Tether: What’s

Did Celcius Borrow $1B from Tether using Bitcoin as Collateral?

Changpeng Zhao can be reached at [email protected].

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Tether Responds to $2.4 Billion Lawsuit Filed by Celsius Tether Has Loaned $1B to Celsius Network: Report Celsius sues Tether, seeking $3.5B over Bitcoin collateral sell-off Celsius Reportedly Borrowed $1B from Tether with Bitcoin as Celsius Borrowed $1B From Tether at 5-6% interest : Reports Tether sued for $3.5B over Celsius collateral liquidation Tether CTO Rejects Allegations of Borrowing from Celsius Celsius demands billions of dollars from Tether: What’s Did Celcius Borrow $1B from Tether using Bitcoin as Collateral?

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