Celsius Secures $299.5M Settlement with Tether in Court Dispute

Celsius Network has reached a significant settlement of $299.5 million with Tether, resolving a major legal dispute stemming from Bitcoin liquidation issues. The agreement comes after a $4.3 billion claim over the early sale of 39,542 BTC. This case involved Celsius and Tether as primary parties, facilitated by BRIC for negotiation. Former CEO Alex Mashinsky was ousted following the bankruptcy filing, while David Proman from GXD Labs expressed satisfaction with the swift resolution.