Celsius vs. FTX: $444M Lawsuit Escalates with New Appeal

TL;DR Celsius appealed a court decision that rejected its $444 million claim against FTX, part of its ongoing bankruptcy proceedings. The legal battle began in early 2024 with Celsius initially seeking $2 billion in damages, later revised to focus on “preferential transfers.” Despite legal challenges, Celsius has made significant efforts to repay creditors, distributing over ... source: https://crypto-economy.com/celsius-vs-ftx-444m-lawsuit-escalates-with-new-appeal/