BRIC Strikes $299.5 Million Settlement With Tether in Celsius Showdown

The Blockchain Recovery Investment Consortium (BRIC), a joint venture between GXD Labs and Vaneck, has reached a $299.5 million settlement with the largest stablecoin issuer by market cap, Tether, resolving litigation tied to the Celsius Network bankruptcy. The payment follows a lawsuit filed in August 2024 in the U.S.

Source: news.bitcoin.com

Related symbols: CELUSD