Tether Sued Over Alleged Unlawful Freeze of $42.4 Million in USDT
Two Thai businessmen sued Tether on Monday, claiming the stablecoin issuer froze roughly $42.4 million worth of USDT without legal authority.
Saturday, 7 November 2026
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Two Thai businessmen sued Tether on Monday, claiming the stablecoin issuer froze roughly $42.4 million worth of USDT without legal authority.
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The plaintiffs didn’t dispute their involvement in the pig butchering scam, but claimed that Tether did not have the authority to freeze the $42 million at the time.
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Japanese listed company Remixpoint offloaded its entire altcoin portfolio on September 1, selling roughly 901.45 ETH, 13,920 SOL, 1.19 million XRP, and 2.8 million DOGE for a combined Â¥879 million. The sale netted the …
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