CryptoTetherWed, Sep 2, 2026, 3:42 PMNegative

Thai Businessmen Sue Tether Over Alleged Unlawful Freeze of $42.4 Million in USDT

Two Thai businessmen have filed a lawsuit against Tether, claiming the company unlawfully froze their access to $42.4 million in USDT prior to a federal seizure warrant. They allege that Tether acted on an informal U.S. law enforcement request, raising questions about the authority to block funds in the context of a pig butchering scam.

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