Tether Sued Over Alleged $42.4M USDT Freeze Ahead of Official U.S. Warrant

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A lawsuit has been filed against Tether, the issuer of the USDT stablecoin, over allegations that it froze $42.4 million worth of USDT without proper legal authorization. The plaintiffs claim Tether acted on an informal request from U.S. law enforcement, rather than waiting for an official seizure warrant. According to the suit, the freeze took place more than three months before any formal warrant was issued. The case raises questions about whether Tether acted prematurely and outside the bounds of due legal process.

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