PANews January 2 news, according to CryptoSlate, Celsius Network has filed an appeal to the local court on December 31, 2024, challenging Judge John Dorsey's dismissal of its $2 billion defamation claim against FTX. Celsius claims that false statements made by FTX executives and affiliates harmed its reputation and accelerated its bankruptcy in July 2022.
Initially, Celsius filed a $2 billion claim on the grounds of 'unfounded and defamatory statements', but faced opposition from FTX due to insufficient evidence and non-compliance with bankruptcy claim requirements. In December 2024, Celsius amended the claim amount to $444 million, focusing on recovering some of the payments made to FTX before the bankruptcy. However, Judge Dorsey dismissed both the original and amended claims due to procedural defects, noting that Celsius had not received court approval to amend the claim.