Tether CTO: Tether Never Borrowed From Celsius

Tether CTO Paolo Ardoino tweeted that Tether never borrowed money from Celsius.

The tweet was reportedly in response to the Celsius bankruptcy examiner's report. The report incorrectly implied that Tether was one of Celsius's borrowers. He said that examiner Shoba Pillay confused the preposition in the examiner's report, which actually referred to "Celsius loans from Tether" rather than "Celsius loans to Tether".

Previously, the Celsius Examiner's Report stated on page 183 that "Celsius loans to Tether were twice its credit limit."

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Tether

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Lending

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