Tether pays nearly $300 million to Celsius bankruptcy estate to reach a settlement.

[Tether pays nearly $300 million to Celsius bankruptcy consortium to reach a settlement] The Blockchain Asset Recovery Investment Coalition (BRIC) announced that Tether has paid $299.5 million to the Celsius Network bankruptcy consortium to resolve the related lawsuit filed in August 2024. BRIC was jointly established by GXD Labs and VanEck and is responsible for managing Celsius's asset recovery and litigation affairs.

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