Victims of Iran Attacks Seek Court Order for Turnover of $344 Million in USDT Frozen by Tether

TLDR: Terrorism victims filed a Manhattan court motion targeting 344 million USDT frozen in IRGC-linked wallets. Plaintiffs cite past FBI seizure cases where Tether burned and reissued USDT to law enforcement wallets. Creditors seek to enforce $2.42 billion in compensatory and punitive terrorism judgments against Iran. Jurisdiction over Tether rests on its New York-based reserves [...]

The post Victims of Iran Attacks Seek Court Order for Turnover of $344 Million in USDT Frozen by Tether appeared first on Blockonomi.