Tether is being sued by two Thai businessmen for freezing 42.4 million USDT

Sep 2, 2026 16:51:56

According to BeInCrypto, two Thai merchants have sued Tether, claiming that their $42.4 million USDT wallet was blacklisted at the informal request of U.S. government agents without a search warrant or court order.

The plaintiffs are seeking to lift the freeze and are claiming damages from Tether for the profits generated from investing the corresponding reserves during the freeze period.

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