Deep Tide TechFlow News, on January 2, according to Cryptoslate, the bankrupt cryptocurrency lending platform Celsius Network appealed on December 31, 2024, questioning Judge John Dorsey's dismissal of its $2 billion defamation claim against FTX.
Celsius alleged that false statements made by FTX executives and employees harmed its reputation and accelerated its bankruptcy process, later revising the claim amount to $444 million, focusing on the recovery of priority transfer funds. Judge Dorsey dismissed both the original and amended claims on the grounds of procedural defects, stating that Celsius did not seek court approval for the delayed amendment.