Thai Investors Sue Tether Over $42M USDT Freeze Without Warrant
Two Thai businessmen say Tether blacklisted $42.4 million of their USDT four months before any court authorized the freeze, and now they’re suing to get it back. A Freeze Before Any Warrant Nutthawat Rukthammachalern and Natthawat Kasamvilas filed suit against Tether on Aug. 31 in the U.S. District Court for the Southern District of New […]
Key Takeaways
- Two Thai businessmen say Tether blacklisted $42.4 million of their USDT four months before any court authorized the freeze, and now they’re suing to get it back.
- A Freeze Before Any Warrant Nutthawat Rukthammachalern and Natthawat Kasamvilas filed suit against Tether on Aug.
- District Court for the Southern District of New […]
Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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Tether Sued Over $42 Million USDT Freeze
A Tether USDT freeze lawsuit asks whether the issuer can lock $42.4 million in wallets without a warrant. The post Tether Sued Over $42 Million USDT Freeze appeared first on BeInCrypto.
Lawsuit challenges Tether for allegedly freezing $42.4 million USDT before U.S. warrant
The plaintiffs allege that Tether acted in response to an informal U.S. law-enforcement request more than three months before a seizure warrant was issued.