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Thai Businessmen Sue Tether for Freezing $42,417,785 in USDT on Informal Government Request

The Daily Hodl·September 3, 2026·1 min read
Thai Businessmen Sue Tether for Freezing $42,417,785 in USDT on Informal Government Request

Two Thai businessmen are suing Tether for freezing their USDT holdings worth $42,417,785 at the informal request of a U.S. government agent without a warrant. The complaint highlights Tether's on-chain blacklist mechanism and ongoing freeze despite a later seizure warrant.

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