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Conduit sues Tether over $2.76 million in frozen USDT

Crypto Briefing·October 6, 2026·1 min read
Conduit sues Tether over $2.76 million in frozen USDT

Conduit has filed a lawsuit against Tether over $2.76 million in frozen USDT. The legal action highlights potential counterparty risks in stablecoin transactions, raising concerns about asset control and legal recourse for users. This case could set a precedent for how frozen stablecoins are handled in the industry.

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