2023-02-01 12:21:50

Paolo Ardoino Says Tether Never Received Any Loan From Celsius

Paolo Ardoino, CTO at Tether, the world’s largest stablecoin by market capitalization, has said that Tether has never received any loan from the bankrupt cryptocurrency lender Celsius. Tether CTO’s ‘Loan’ Tweet In Response to Celsius Bankruptcy Examiner Report The tweet came in response to the Celsius bankruptcy examiner report, which allegedly mistakenly implied that Tether was among Celsius’ borrowers alongside firms like Three Arrows Capital, which borrowed $75 million from the firm. Released on Jan. 31, the examiner report mentioned that “Celsius’s loans to Tether were twice its credit limit” on page 183. The report notes that Tether’s exposure grew to over $2 billion, The post Paolo Ardoino Says Tether Never Received Any Loan From Celsius appeared first on Cryptoknowmics-Crypto News and Media Platform .

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