Tether, a major cryptocurrency issuer, has slammed a lawsuit filed by Celsius Network, another crypto company. Tether claims the lawsuit is a "shakedown" and vows to fight the claims in court. The dispute centers around the use of USDC stablecoin, which is issued by Circle, a partner of Celsius. The situation highlights the complexities and potential conflicts within the cryptocurrency space.
Source: https://decrypt.co/244137/tether-slams-celsius-lawsuit-as-a-shakedown-vows-to-fight-claims-in-court