DID CELCIUS BORROW 1B FROM TETHER USING BITCOIN AS COLLATERAL

Last updated: June 15, 2025, 10:32  |  Written by: Olaf Carlson-Wee

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

The Lawsuit Seeks To Reclaim

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.

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

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

In Return For This Loan

Celsius demands billions of dollars from Tether: What’s

Celsius Reportedly Borrowed $1B from Tether with Bitcoin as

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

Previously

Tether Has Loaned $1B to Celsius Network: Report

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

Tether

Tether sued for $3.5B over Celsius collateral liquidation

Tether Responds to $2.4 Billion Lawsuit Filed by 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 sues Tether, seeking $3.5B over Bitcoin collateral sell-off

Tether CTO Rejects Allegations of Borrowing from Celsius

Olaf Carlson-Wee can be reached at [email protected].

Comments