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Last updated: June 18, 2025, 19:42  |  Written by: Sam Bankman-Fried

Blobs Scale More
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As Celsius Was

Defunct cryptocurrency exchange Celsius has filed a lawsuit against Tether alleging misappropriation of assets and seeking approximately $3.5 billion in BTC returns

As Celsius was “tumbling towards bankruptcy,” the complaint alleges, Tether moved to “extinguish its entire exposure,” by unceremoniously selling off large amounts of

Tether Faces $3.3B Lawsuit from Celsius: Crypto Impact - COIN360

The Back

Tether to Fight Celsius' $3.3 Billion 'Shakedown' Litigation

The back-to-back sour developments associated with Celsius and 3 Arrows Capital managed to once again cause havoc in the crypto sphere. The staking platform, as

This baseless lawsuit against Tether proves the adage that “no good deed goes unpunished.” The claims arise out of a 2025 agreement under which Tether made USD₮

Celsius Network Has Sued Tether

Celsius Network has sued Tether, accusing it of fraud for transferring over $2 billion worth of Bitcoin questionably. Celsius alleges that Tether broke their agreement by

Celsius alleges that Tether made “preferential and fraudulent transfers” of Bitcoin during the market downturn in mid-2025, just before Celsius filed for bankruptcy.

Celsius sues Tether over $3.3 billion Bitcoin claim

When The Market Crashed In

When the market crashed in mid-2025, Celsius accuses Tether of insulating itself from the bankruptcy by making preferential and fraudulent transfers of bitcoin.

Celsius sues Tether, seeking $3.5B over Bitcoin - Cointelegraph

Tether Will Defend Itself Against “Shake Down” Litigation

Tether Was Playing a Risky Game, a New Celsius Suit Reveals

Could Bitcoin Crash? Celsius Slaps Tether with $2 Billion Lawsuit

Has Tether been impacted by Celsius, 3AC's wreckage? - Watcher

In The Filing

In the filing, Celsius alleges that when the market crashed in mid-2025, in the ninety-day period prior to Celsius' bankruptcy filing, Tether insulated itself from the

Sam Bankman-Fried can be reached at [email protected].

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