Celsius Network and FTX's legal battle stirs up again! 🎢 Celsius is dissatisfied with Judge John Dorsey's dismissal of its $2 billion defamation claim against FTX and has filed an appeal on December 31. The case will be heard by the district court. This legal confrontation reveals the tension between the two crypto giants.

Celsius accuses FTX executives and employees of spreading false statements that harmed its reputation and led to a collapse in customer confidence, ultimately accelerating its bankruptcy process. Although the initial claim was for $2 billion, Celsius has now adjusted the amount to $444 million, focusing on priority transfers. FTX insists that the claim lacks evidence, and Judge Dorsey dismissed the lawsuit on procedural grounds. ⚖️

The subsequent developments of this legal dispute are worth following, as they may have a profound impact on the crypto industry. 🔍