Celsius Network Sues Tether To Clawback $2B Bitcoin Lost In Fraud Transfer

Celsius Network Ltd. has filed a lawsuit against Tether and its affiliated entities. The lawsuit alleges that the USDT issued conducted “fraudulent” and “preferential” transfers of Bitcoin (BTC) amounting to over $2 billion today. The complaint, lodged in federal bankruptcy court, seeks to reclaim the collapsed estate’s lost Bitcoin due to the USDT issuer’s actions during a critical period leading up to the firm’s bankruptcy

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