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Tether and Celsius settle $4.3 billion fight for $299.5 million

Celsius Network has received a $299.5 million settlement from Tether, the largest stablecoin issuer. According to a release published today, Celsius Network has concluded its lawsuit against Tether, ...
Ars Technica

Celsius founder Alex Mashinsky sentenced to 12 years for “unbank yourself” scam

Alex Mashinsky—the disgraced founder of the Celsius Network cryptocurrency bank who deceived hundreds of thousands into losing billions with the catchy slogan “unbank yourself”—was sentenced to 12 ...
CoinTelegraph

Tether settles Celsius claims for $300M, raising stablecoin liability concerns

Tether’s $299.5 million Celsius settlement could ignite a debate over stablecoin accountability and the legal risks facing issuers in future crypto bankruptcies. Stablecoin issuer Tether has agreed to ...
Business Wire

Blockchain Recovery Investment Consortium (BRIC) Announces $299.5 Million Settlement with Tether in Celsius Network Bankruptcy

NEW YORK & MIAMI--(BUSINESS WIRE)--Today, the Blockchain Recovery Investment Consortium (BRIC), a joint venture between GXD Labs and VanEck, announced that Tether has paid $299.5 million to the ...