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Source PYMNTS pymnts.com Media Center
September 2, 2026 ai_technology payments

Tether Accused in Lawsuit of Improperly Freezing 42.4 Million Stablecoins

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Overview

Tether is facing a new lawsuit related to its freeze of 42.4 million of its USDT stablecoins. The lawsuit, filed Monday (Aug. 31) by a pair of Thai businessmen, alleged the company blocked the tokens months before United States authorities were granted a seizure warrant. USDT is the world’s most widely-used stablecoin, and Tether says […] The post Tether Accused in Lawsuit of Improperly Freezing 42.4 Million Stablecoins appeared first on PYMNTS.com.

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