The case issues a mortgage settlement between Celsius and Tether that allowed Celsius to borrow stablecoins “to function sure essential facets of its enterprise,” in keeping with the lawsuit. Within the submitting, Celsius alleges that when the market crashed in mid-2022, within the “ninety-day interval prior” to Celsius’ chapter submitting, Tether insulated itself from the upcoming chapter by making “preferential and fraudulent transfers” of bitcoin.
U.S. PCE Inflation Rises To 2.9% YoY, Bitcoin Falls
The U.S. PCE inflation data have come in above expectations, signaling that inflation may be on the rise again. Bitcoin...
