BREAKING: Court Greenlights $4B Celsius Lawsuit Against Tether—Stablecoin Giant Faces Legal Reckoning
A New York judge just handed Celsius Network a loaded gun—and it’s pointed straight at Tether’s $83B reserves. The $4 billion lawsuit alleging market manipulation and predatory behavior gets its day in court, threatening to crack open crypto’s most controversial black box.
Strap in for a discovery phase that could expose Tether’s opaque operations—subpoenas don’t care about ‘muh stablecoin supremacy.’
Bonus jab: Nothing says ‘healthy market’ like a stablecoin issuer needing nine-figure legal budgets. Pegged to the dollar, but tethered to lawyers.