Lawsuit Challenges Tether for Allegedly Freezing $42.4 Million USDT Before U.S. Warrant

Lawsuit challenges Tether for allegedly freezing $42.4 million USDT before U.S. warrant

Tether sued over alleged unlawful $42.4M USDT freeze

Tether faces a New York lawsuit alleging it froze 42.4 million USDT before authorities obtained a warrant in a $61 million fraud probe.

Ripple’s David Schwartz backs Tether in $42.4 million asset

🚨 Ripple’s David Schwartz publicly supports Tether in a $42.4 million asset freeze lawsuit. 🧊 $USDT reserves were frozen at HSI’s request amid an international fraud investigation. ⚖️ Plaintiffs claim the freeze was unlawful and seek asset release plus damages. 💼...

Thai Businessmen File Suit Against Tether Over $42.4M USDT Freeze

Two Thai businessmen have sued Tether over $42.4 million in USDT that the stablecoin issuer allegedly froze nearly four months before U.S. authorities obtained a ...

Tether USDT Lawsuit Targets $42.4 Million Wallet Freeze

A new lawsuit in the Southern District of New York challenges Tether’s decision to freeze more than $42.4 million in USDT across 10 Ethereum wallets. The plaintiffs argue the freeze preceded a later seizure warrant and are questioning Tether’s authority to blacklist, destroy, and reissue tokens following a law enforcement request.