Tether sued over freezing $42.4M USDT before warrant
Tether is facing a lawsuit claiming it froze $42.4 million USDT more than three months before any U.S. seizure warrant was issued. The plaintiffs allege Tether acted on an informal U.S. law-enforcement request ahead of the warrant. The lawsuit was flagged in a CoinDesk daily briefing that also touched on spot XRP ETFs extending their inflow streak and the SEC exploring round-the-clock trading for Wall Street.
Sources
- Tether is sued over allegations it froze $42.4 million in USDT before authorities obtained a warrant, spot XRP ETFs extend their inflow streak, and the SEC explores round-the-clock trading for Wall Street. @jennsanasie has what you need to know. Thank you to @Grayscale for https://t.co/U6xhPMcmnKx.com ↗
- Lawsuit challenges Tether for allegedly freezing $42.4 million USDT before U.S. warrantcoindesk.com ↗
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