<ul data-eligibleForWebStory="false"><li>A US bankruptcy judge grants permission for Celsius Network to pursue a $4 billion lawsuit against Tether, the issuer of the USDT stablecoin.</li><li>Celsius alleges a 'fire sale' of 39,542.42 BTC as collateral to Tether leading up to its bankruptcy and seeks the return of approximately 57,428.64 BTC, along with $100 million in damages.</li><li>Celsius claims Tether's actions reflect a scheme to exploit the US cryptocurrency market and asserts that the transfers made were preferential, potentially leading to a prolonged legal dispute between the parties.</li><li>The legal battle between Celsius and Tether may continue, as Tether's CEO hints at defending against the claims, while Bitcoin's price rises nearing its record high, trading at $108,689 at the time of writing.</li></ul>

Celsius Secures Judge Approval To Pursue $4 Billion Lawsuit Against Tether

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