Tether Sued by Two Thai Businessmen for Freezing $42.4 Million USDT

BlockBeats News, September 2nd, Tether is facing a lawsuit for freezing a $42.4 million USDT transaction. Two Thai businessmen claim that their wallet was blacklisted after an informal request from a U.S. government official, without a search warrant or court order at the time.

Now, the two individuals are seeking to unfreeze the assets and demanding that Tether pay them the income generated from the related reserve assets during the freezing period.