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Celsius Network Secures $299.5 Million Settlement From Tether, Amounting To Only 7% Of $4.3 Billion Claim

After nearly three years of litigation, Celsius Network (CEL) has secured a $299.5 million settlement from stablecoin issuer Tether (USDT), resolving a legal dispute over the early liquidation of ...
KSAT

Founder of crypto platform Celsius Network is sentenced to 12 years in prison

NEW YORK – The founder and former CEO of the cryptocurrency lending platform Celsius Network was sentenced Thursday to 12 years in prison after a prosecutor labeled him a predator who “preyed on hope” ...
The National Law Review

Voting in the Celsius Bankruptcy Case

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...
Morningstar

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

Following lawsuit filed in August 2024, joint venture between GXD Labs, an affiliate of Atlas Grove Partners, and VanEck, an asset manager with approximately $161.7B under management, finalizes ...