IN A HACK

Last updated: June 15, 2025, 10:56  |  Written by: Arthur Hayes

In A Hack
In A Hack

In Return For This Loan

Tether Responds to $2.4 Billion Lawsuit Filed by Celsius

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

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

Tether CTO Rejects Allegations of Borrowing from Celsius

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.

Celsius demands billions of dollars from Tether: What’s

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

Tether sued for $3.5B over Celsius collateral liquidation

Previously

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

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 Has Loaned $1B to Celsius Network: Report

The Lawsuit Seeks To Reclaim

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

Celsius Reportedly Borrowed $1B from Tether with Bitcoin as

Arthur Hayes can be reached at [email protected].

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