🤓 Bankrupt Celsius Files Lawsuits Against Tether, Badger DAO, Compound, and Bancor
In the case of Tether, Celsius claims that some payments it made before the bankruptcy were unfair and should be returned. Specifically, the company is demanding the return of $2.4 billion in BTC. Tether denies this and calls the lawsuit an attempt to “extort money.”
The lawsuits against Badger DAO, Compound, and Bancor are related to allegations of poor management, which caused Celsius to suffer losses.
Thus, Celsius is trying to get the funds back through the courts to pay off its debts to creditors.#MarketDownturn