Tether Fights Back Against Celsius’ $3.3B Lawsuit—How This Legal Clash Could Impact USDT Holders

TL;DR Tether Dismisses Celsius Lawsuit: Tether Limited calls Celsius Network’s $3.3 billion lawsuit a “baseless” and “frivolous extortion attempt,” asserting that the Bitcoin liquidation was done with Celsius’ consent. Dispute Over Bitcoin Liquidation: Celsius claims Tether wrongfully liquidated $2.4 billion worth of Bitcoin collateral in June 2022, while Tether maintains it followed Celsius’... source: https://crypto-economy.com/tether-fights-back-against-celsius-3-3b-lawsuit-how-this-legal-clash-could-impact-usdt-holders/