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Tether CEO Paolo Ardoino breaks silence on Celsius Network lawsuit

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Celsius Network filed a lawsuit against the USDT issuer Tether and its affiliated entities on the basis that they contributed to its bankruptcy.

Tether CEO Paolo Ardoino just broke silence on the Celsius Network lawsuit.

Celsius Network is seeking to reclaim the collapsed estate’s lost BTC due to the stablecoin issuer's actions during a critical period leading up to the firm's bankruptcy.

He noted that Tether will set precedence with this current lawsuit.