Celsius Wind-down Secures $300M From Tether, Say GXD Labs, VanEck

Policy, Tether, Celsius Network, Bankruptcy, VanEck, News A consortium established by the companies announced the recovery of Celsius funds tied to claims against Tether. 

The wind-down of defunct crypto lender Celsius coughed up almost $300 million from Tether , according to a Tuesday statement from an entity set up by GXD Labs and VanEck, the Blockchain Recovery Investment Consortium. GXD Labs , a subsidiary of Atlas Grove Partners, and asset manager VanEck established BRIC …

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