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Tetherin Cryptocurrency
5 hours ago

Tether expands into Bitcoin mining in Brazil using renewable energy, faces a $4B lawsuit from Celsius, but earns DOJ praise for helping recover funds from a Trump-linked crypto scam.

Cryptocurrency
Tether to Mine Bitcoin With Adecoagro in Brazil Using Surplus Renewable Energy
positiveCryptocurrency
Tether, the company behind the USDT stablecoin, is teaming up with Argentine agribusiness giant Adecoagro to mine Bitcoin in Brazil using excess renewable energy from sugarcane farming. Essentially, they’re tapping into leftover green power (mostly from biomass) that would otherwise go to waste, turning it into Bitcoin mining fuel. It’s a clever way to make crypto mining more sustainable while squeezing extra value from existing energy infrastructure.
Editor’s Note: This isn’t just another Bitcoin mining story—it’s a sign of how crypto is trying to clean up its act. By using surplus renewable energy (instead of competing with grids for power), Tether’s move could quiet critics who blast Bitcoin’s environmental impact. Plus, it shows how industries like agriculture and crypto can unexpectedly team up for greener solutions. If this model catches on, it might reshape how we think about energy use in blockchain tech.
Celsius Secures Judge Approval To Pursue $4 Billion Lawsuit Against Tether
negativeCryptocurrency
A U.S. bankruptcy judge just gave Celsius Network the green light to go after Tether in a $4 billion lawsuit. Celsius, the collapsed crypto lender, claims Tether forced a "fire sale" of Bitcoin (BTC) to meet a sudden collateral demand, which allegedly worsened Celsius’ financial meltdown. This could get messy—Tether’s the giant behind USDT, the crypto world’s most-used stablecoin, and Celsius is digging in for a legal fight.
Editor’s Note: This isn’t just a corporate spat—it’s a high-stakes drama that could ripple through crypto markets. If Celsius proves Tether’s actions deepened its collapse, it might shake confidence in stablecoin issuers’ power over volatile assets. Plus, with billions on the line, the outcome could set precedents for how crypto firms handle (or mishandle) collateral during crises. Buckle up.
DOJ credits Tether for aiding funds recovery from Trump-linked crypto scam
positiveCryptocurrency
The DOJ is giving a nod to Tether for playing a key role in clawing back over $40,000 in crypto stolen by scammers who pretended to be fundraising for Trump's 2024 inaugural committee. While the amount recovered is relatively small, it highlights how crypto companies can assist law enforcement in tracking illicit funds—even when political figures are unwittingly involved.
Editor’s Note: This isn’t just about recovering a few thousand dollars—it’s a sign that even in the Wild West of crypto, cooperation between regulators and companies can work. With scams constantly evolving, Tether’s involvement here sets a precedent for how stablecoin issuers might help combat fraud, especially when high-profile names are used to lure victims.
DOJ recovers $40K crypto from Trump-Vance inaugural scam, credits Tether
neutralCryptocurrency
The U.S. Department of Justice just clawed back $40,000 in cryptocurrency from fraudsters who pretended to be part of the Trump-Vance inaugural team, tricking people into sending them money. The DOJ gave a shoutout to Tether for helping freeze the funds—showing how crypto tracing tools are becoming key in fighting financial scams.
Editor’s Note: This isn’t just another "crypto crime" story—it’s a sign of how law enforcement is getting better at tracking digital money, even when crooks try to hide behind political names. It also highlights the weird, messy overlap of politics, scams, and crypto, where trust gets exploited fast. For everyday folks, it’s a reminder to double-check who’s really on the other end of that donation link.
Tether USDT challenges Circle’s lead on BitPay payments in 2025
neutralCryptocurrency
Tether’s USDT is gaining ground on Circle’s USDC in BitPay transactions, flipping the script from 2024 when USDC dominated. While USDC had nearly double the volume last year, Tether is now closing the gap—or even pulling ahead—in 2025.
Editor’s Note: This isn’t just a stats battle—it’s a sign of which stablecoin merchants and users are leaning toward for real-world spending. If Tether keeps gaining, it could reshape how people use crypto for everyday payments, especially since BitPay is a major player in crypto checkout services. Watch this space; the stablecoin wars are heating up.
Tether made $5.2B in 2024: Here’s how stablecoins make money
positiveCryptocurrency
Tether, the company behind the world's largest stablecoin (USDT), raked in a staggering $5.2 billion in profit in 2024. The secret? High interest rates and a massive pile of reserves—over $100 billion—that let them turn central bank policies into a cash cow. And they’re not the only ones cashing in; other stablecoin issuers are riding the same wave.
NY Bankruptcy Judge Gives Celsius the Green Light to Pursue $4.3B Lawsuit Against Tether
negativeCryptocurrency
A New York bankruptcy judge has allowed Celsius, the collapsed crypto lender, to move forward with a massive $4.3 billion lawsuit against Tether. Celsius claims Tether unfairly dumped nearly 40,000 bitcoins—worth billions—to cover a loan just as Celsius was teetering on the edge of bankruptcy in 2022. This could be a high-stakes legal showdown in the messy aftermath of crypto’s 2022 meltdown.
Editor’s Note: This isn’t just about two crypto firms squabbling—it’s a window into how chaotic things got behind the scenes during the 2022 crypto crash. If Celsius wins, it could claw back billions, but it also raises questions about how lenders and borrowers behaved when the market was collapsing. For crypto watchers, this case might reveal just how messy things got when the house of cards started tumbling.

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