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$42.4 Million USDT Wallet Frozen, Two Thai Businessmen Sue Tether

2026-09-02 08:52

Odaily News: Two Thai businessmen have filed a lawsuit against Tether, claiming their USDT wallet holding $42.4 million was blacklisted at the informal request of U.S. government agents without a search warrant or court order. The plaintiffs are seeking to have the freeze lifted and are demanding that Tether compensate them for the profits generated from investing the corresponding reserves during the period of the freeze.