Celsius Gets Court Approval to Launch $4.3B Legal Battle Against Tether in NY Bankruptcy Case

Celsius just got the judicial nod to turn up the heat—and it's aiming straight at Tether's $4.3 billion reserves. A New York bankruptcy judge greenlit the lawsuit, setting the stage for a high-stakes crypto courtroom brawl.

### The Lawsuit That Could Shake Stablecoins

Forget 'stable'—this legal fight might send shockwaves through the entire crypto ecosystem. Celsius alleges Tether's reserves weren't as rock-solid as advertised during crypto's wild 2022 liquidity crunch.

### Why This Matters Now

With Bitcoin back at all-time highs, old wounds from the last bear market are reopening. The lawsuit could force uncomfortable transparency—or expose another 'fully-backed' fantasy in crypto's favorite accounting magic trick.

One thing's certain: when billions vanish, the lawyers always get paid first.