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Tether Faces Lawsuit Over $42.4M Frozen USDT Controls

CryptoDnes·September 2, 2026·1 min read
Tether Faces Lawsuit Over $42.4M Frozen USDT Controls

A new lawsuit challenges Tether's power to freeze $42.42 million in USDT without a court order, following a Homeland Security request. The case questions the stablecoin issuer's ability to seize assets unilaterally, potentially impacting how Tether handles future law enforcement requests and user funds.

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