Tether Hits Gurhan Kiziloz With $213 Million Freeze in Brazil Tax Dispute Over Alleged Gambling and Crypto Tokens Sale

Intense legal dispute talks are actively underway between representatives for Gurhan Kiziloz and the Brazilian government following an unprecedented digital asset freeze. Tether, the issuer of the industry’s leading stablecoin, recently locked $213 million spread across 48 distinct USDT accounts linked to Kiziloz amid a highly complex and escalating retrospective tax conflict in Latin America. [...]

The post Tether Hits Gurhan Kiziloz With $213 Million Freeze in Brazil Tax Dispute Over Alleged Gambling and Crypto Tokens Sale appeared first on Blockonomi.