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Tether Sued Over Alleged Unlawful Freeze of $42.4 Million in USDT - Decrypt

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Tether sued over $42.4 million USDT freeze allegedly made months before US warrant

Two Thai businessmen filed a lawsuit in New York federal court claiming Tether froze $42.4 million in USDT across 10 Ethereum addresses at an informal US law enforcement request, more than three months before a seizure warrant was issued. The plaintiffs allege the freeze was unlawful.

Sep 2, 2026·4 sourcesStablecoinsCrypto privacy & surveillanceStablecoin regulation
Tether sued over $42.4 million USDT freeze allegedly made months before US warrant
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Other sources for this story

Cointelegraph

Thai Businessmen Sue Tether for freezing $42M in $61M Pig Butchering Case

CoinDesk

Tether sued over $42.4 million USDT freeze allegedly made months before U.S. warrant

BeInCrypto

Tether Sued Over $42 Million USDT Freeze

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