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Tether Hit With Lawsuit Over $2.76 Million Stablecoin Freeze

Decrypt·October 6, 2026·1 min read
Tether Hit With Lawsuit Over $2.76 Million Stablecoin Freeze

Tether faces a lawsuit from a payments firm alleging it froze a treasury wallet on its own initiative over a Brazilian investigation the firm has no connection to. The firm claims Tether profited from reserves while refusing to release funds for over a year. The case highlights stablecoin freeze risks.

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