Tether Sued Over $42.4M USDT Freeze: Two Thai Brothers Challenge Government-Requested Blacklist

The post Tether Sued Over $42.4M USDT Freeze: Two Thai Brothers Challenge Government-Requested Blacklist appeared first on Coinpedia Fintech News

Tether, the issuer of the USDT stablecoin, is being sued in New York for over $42.4 million in USDT after two Thai businessmen accused the government of freezing their wallets without a warrant or court order. The case now raises a bigger question, can Tether legally block, burn, or reissue privately held USDT based on …