Dwelling » Enterprise » Tether resolves all concerns in Celsius financial danger case
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Oct. 14, 2025
The agreement closes a lingering impartial chapter for Tether amid ongoing scrutiny of crypto lending practices.
Key Takeaways
- Tether has settled all claims concerning the Celsius financial danger case.
- The settlement resolves lengthy-standing disputes concerning Tether’s role in liquidating Celsius loans for the duration of the lender’s 2022 collapse.
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Tether has settled all claims linked to the Celsius financial danger case, CEO Paolo Ardoino announced this day. The agreement resolves disputes between Tether and Celsius, a crypto lending firm that filed for financial danger in 2022.
Tether had previously described the litigation as an fraudulent try by Celsius to extract funds for the duration of its financial danger complaints. The stablecoin issuer maintained it was defending in opposition to claims initiated by the lending platform.
The disputes stemmed from Tether’s involvement in liquidating Celsius loans for the duration of market volatility that contributed to the lender’s collapse. Celsius filed for Chapter 11 financial danger security in July 2022 after freezing buyer withdrawals amid a liquidity crisis.
The settlement marks the resolution of 1 among the last impartial challenges from Celsius’s financial danger case, which has been unwinding for over three years.
