Policy
Conduit sues Tether over allegedly freezing $2.8M without explanation
Cointelegraph·October 6, 2026·1 min read
Conduit sued Tether, alleging the stablecoin issuer froze $2.8 million in USDt funds without explanation. The frozen assets sat in a Conduit wallet tied to an investigation launched by Brazilian authorities in 2024. Conduit claims Tether provided no reason for the freeze, escalating tensions between the two crypto firms.
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