DID CELCIUS BORROW 1B FROM TETHER USING BITCOIN AS COLLATERAL

Last updated: June 16, 2025, 23:54  |  Written by: Sam Bankman-Fried

Did Celcius Borrow 1B From Tether Using Bitcoin As Collateral
Did Celcius Borrow 1B From Tether Using Bitcoin As Collateral

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.

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

Celsius demands billions of dollars from Tether: What’s

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

Tether sued for $3.5B over Celsius collateral liquidation

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

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.

Tether Responds to $2.4 Billion Lawsuit Filed by Celsius

Celsius Reportedly Borrowed $1B from Tether with Bitcoin as

In Return For This Loan

Tether Has Loaned $1B to Celsius Network: Report

Tether CTO Rejects Allegations of Borrowing from Celsius

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

The Lawsuit Seeks To Reclaim

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

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

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

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