⚖️ The court allowed Celsius to continue the lawsuit against Tether for $4,000,000,000.
The American bankruptcy court allowed Celsius Network to continue the trial against Tether.
We are talking about the liquidation of more than 39,500 BTC for $4,000,000,000 during the collapse of Celsius in June 2022.
Celsius claims:
⊹ Tether held a «low price sale» of $20.656 per BTC.
⊹ The terms of the loan agreement and the terms of liquidation were violated.
⊹ Tether’s actions are subject to fraudulent and preferential transfers under U.S. Bankruptcy Law.
The court rejected Tether’s key arguments about the termination of the case and recognized that Celsius provided sufficient grounds to continue the process.
@Сryptoz ₿