‘Tether By no means Borrowed From Celsius,’ Says Tether CTO Paolo Adroino

• Tether’s CTO has addressed the misinformation within the Celsius examiner’s closing report.
• The chief clarified that his agency by no means borrowed from Celsius.
• The examiner’s report claimed that Celsius’s loans to have been twice its credit score restrict.

The fallout from the sensational report filed by Celsius’ examiner has caught the world’s largest stablecoin in its crosshairs. The unbiased examiner claimed in her closing report that Tether had borrowed cash from Celsius and maintained vital publicity to the bankrupt crypto lender.

Earlier at this time, Paolo Adroino, the CTO of USDT issuer Tether, took to Twitter to handle the issues surrounding his firm’s publicity to Celsius. The clarifications got here on a report abstract tweeted by FT reporter Khadim Shubber.

Tether by no means borrowed from Celsius.The doc mixes “from” and “to”.Both is a typo or a mis-characterization.

— Paolo Ardoino (@paoloardoino)

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