Celsius gets go-ahead in legal battle to recover $4B in Bitcoin from Tether
Celsius argues Tether's liquidation of 57,000 BTC breached contract terms, potentially impacting $4 billion in assets.

Get the latest Celsius updates on bankruptcy proceedings, creditor repayments, legal developments, restructuring efforts, and market impact.
Celsius argues Tether's liquidation of 57,000 BTC breached contract terms, potentially impacting $4 billion in assets.

The significant withdrawals had little impact on Ethereum's price which rose by around 12% during the period.

Crypto community members suggest that the move could negatively impact Ether's price.