Thai plaintiffs claim Tether froze wallets on an informal HSI request without a warrant.
Two Thai businessmen sue Tether over a $42.4 million USDT freeze, claiming it happened before any warrant was issued.
A legal challenge has been mounted against Tether by two Thai entrepreneurs in New York's federal court system, alleging the digital currency company locked $42.4 million worth of USDT without proper legal backing.
Tether faces a New York lawsuit alleging it froze 42.4 million USDT before authorities obtained a warrant in a $61 million fraud probe.
A new payment card advertises up to 10 percent cashback in USDT and up to 7 percent a year on the balance. Article 50 MiCAR explains why a provider licensed in the EU is not allowed to pay you exactly that.
MEXC has launched a Visa-linked Global Card offering eligible users up to 10% cashback in USDT as monthly crypto card spending reached $759 million in July, roughly 2.5 times its level a year earlier. According to MEXC's Aug.
Tether is putting fresh focus on Asia-Pacific as it expands its push into real-world asset tokenization, with Jed Nazif joining the company as Expansion Manager, Tokenization. Nazif announced the move on LinkedIn, saying he will focus on driving RWA initiatives and expanding Tether's tokenization platform, Hadron by Tether, across APAC.
Outline for a news article on the United States filing a case involving about 225,364,961 USDT, focused on the filing, the amount, legal context, and next questions.
A U.S. court filing involving approximately 225,364,961 USDT has drawn market attention. Here is a focused outline covering the filing, possible implications, and key questions.
A U.S. court filing raises questions around cryptocurrency seized from Tether Ltd. and an associated wallet address.
Tether's capacity to freeze USDT at specific addresses has solidified as a central compliance instrument within the stablecoin ecosystem. Since 2023, the company has frozen over $3.3 billion in USDT, and in the first half of 2026 alone, it coordinated with OFAC to freeze $526 million.
Paolo Ardoino, CEO of top stablecoin issuer Tether, said USDT's dollar-proxy function has scaled globally, giving developing countries access to foreign currency for domestic and cross-border commerce. Ardoino stressed that the company's mission was more important than ever.