TETHER PAYS $299.5M TO SETTLE CELSIUS BANKRUPTCY AS CEO PAOLO ARDONIO TARGETS $20B FUNDRAISE
https://media.zenfs.com/en/coinspeaker_us_106/eea6cb92b3c44bc8c08e5f77a98fd306
✍️ Tether has settled a $299.5 million lawsuit with the Blockchain Recovery Investment Consortium (BRIC) related to the Celsius Network bankruptcy case.
👉 Tether settles $299.5 million lawsuit with BRIC related to Celsius Network bankruptcy case 👉 BRIC is a joint venture between GXD Labs and VanEck 👉 The settlement marks one of the largest crypto-related recoveries in recent US bankruptcy history 👉 Tether plans to raise $20 billion at a $500 billion valuation as part of its next strategic phase
-- #DavidProman #R.ChristianWyatt #PranavKanade #MatthewBabinsky #PaoloArdoino #IbrahimAjibade #technology
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