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Checked in on the Celsius Estate case looking to recover the 57,428 BTC that Mashinsky sent to Tether just before going bankrupt.
On May 28, 2025, the court issued a Notice for an Omnibus Hearing set for July 9, 2025 in SDNY (the original claim was filed there in Aug ‘24).
Celsius Estate is seeking the return of the entire pile of BTC they claim was improperly transferred by Mashinsky and either liquidated or kept by Tether, now worth $6.2 billion.
Attaching a GPT summary of the arguments for each side, and a forecast for the outcome.
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