Tether 透過拋售比特幣抵押品避免了導致攝氏度下跌的蔓延

2022 年 6 月 12 日，加密貨幣貸款機構攝氏度創始人亞歷克斯·馬辛斯基 (Alex Mashinsky) 緊急請求協助。比特幣價格暴跌，人心惶惶

Crypto lender Celsius filed for bankruptcy in June 2022 after a wave of panicked customers rushed to withdraw billions of dollars’ worth of crypto from their Celsius accounts as the price of bitcoin crashed. Now, administrators of the Celsius estate are suing Tether, a stablecoin company that extended loans to Celsius, in an attempt to claw back some of the funds that were transferred to Tether before Celsius's collapse.

隨著比特幣價格暴跌，一波驚慌失措的客戶紛紛從其攝氏度帳戶中提取價值數十億美元的加密貨幣，加密貨幣貸款機構攝氏度於 2022 年 6 月申請破產。現在，Celsius 遺產管理人正在起訴向攝氏度提供貸款的穩定幣公司 Tether，試圖收回在攝氏度崩潰之前轉移到 Tether 的部分資金。

The administrators allege that Tether sold off large amounts of bitcoin that was posted as security by Celsius against its outstanding loans in order to "extinguish its entire exposure" as Celsius was "tumbling towards bankruptcy." This move violated the terms of an agreement between the pair, the lawsuit claims.

管理人員稱，Tether 出售了大量比特幣，這些比特幣是由攝氏度作為其未償還貸款的抵押品，以便在攝氏度「瀕臨破產」之際「消除其全部風險」。訴訟稱，此舉違反了雙方之間的協議條款。

The aim of the lawsuit is to claw back the 39,500 bitcoin—worth $2.3 billion at the current price—that was transferred to Tether by Celsius before its collapse. The suit cites a combination of bankruptcy laws designed to avoid a scenario in which creditors that act most swiftly to retrieve funds from an ailing business make a better recovery than others, and various other legal provisions.

該訴訟的目的是收回在 Tether 崩潰前轉移給 Tether 的 39,500 個比特幣（以當前價格計算價值 23 億美元）。該訴訟援引了旨在避免以下情況的破產法組合：最迅速地從陷入困境的企業收回資金的債權人比其他債權人獲得更好的恢復，以及各種其他法律規定。

In a scathing riposte posted on its site, Tether cast the lawsuit as a "shakedown" designed to deflect the blame for failures by Celsius, which gave explicit consent for the trove of bitcoin to be liquidated, it claims. “Tether will never fall prey to shameless litigation money grabs. We will defend ourselves vigorously,” the company wrote.

Tether 在其網站上發布了嚴厲的反擊，稱該訴訟是一次“勒索”，旨在轉移對攝氏度失敗的責任，該公司明確同意清算這批比特幣。 「Tether 永遠不會成為無恥訴訟搶錢的犧牲品。我們將積極捍衛自己，」該公司寫道。

Legal representatives for the administrators of the Celsius bankruptcy estate did not respond immediately to a request for comment.

攝氏破產財產管理人的法律代表沒有立即回應置評請求。

Regardless of whether the legal arguments set out in the complaint ultimately hold, the lawsuit underlines the narrowness of the margin by which Tether sidestepped the contagion that brought down Celsius and a number of other crypto firms in 2022.

無論訴狀中提出的法律論點最終是否成立，該訴訟都強調了 Tether 在 2022 年避免了導致攝氏度和其他一些加密貨幣公司倒閉的危機蔓延的可能性。

The money for loans doled out by Tether comes from the reserve of assets that pegs the company’s stablecoin, USDT, to a one-dollar valuation. If Tether had failed to liquidate the $800 million in collateral posted by Celsius before its fall into bankruptcy, accounts for June 2022 show, USDT would no longer have been fully backed by readily available assets, potentially undermining the all-important stability of the token’s price.

Tether 發放的貸款資金來自將公司穩定幣 USDT 估值定為 1 美元的資產儲備。 2022 年 6 月的帳目顯示，如果 Tether 在破產前未能清算攝氏度提供的 8 億美元抵押品，USDT 將不再得到現成資產的充分支持，這可能會破壞該代幣價格的最重要的穩定性。