Tether Sued Over Frozen $42.4 Million USDT

TLDR Two Thai businessmen sued Tether in a New York federal court over 42.4 million USDT frozen in October 2025. The plaintiffs say Tether blacklisted their wallets after an informal request from a Homeland Security agent, without a warrant. A seizure warrant arrived months later, in February 2026, but the plaintiffs’ specific tokens were still [...]

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