IDEA TO FLOAT

Last updated: June 16, 2025, 22:51  |  Written by: Charlie Shrem

Idea To Float
Idea To Float

This Baseless Lawsuit Against Tether

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

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

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 Alleges That Tether Made

Tether Will Defend Itself Against “Shake Down” Litigation

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

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

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

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

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

Celsius Network Has Sued Tether

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

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 sues Tether over $3.3 billion Bitcoin claim

Defunct Cryptocurrency Exchange Celsius Has

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

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

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

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

Charlie Shrem can be reached at [email protected].

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