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Tether sued for allegedly freezing $42M before a warrant

Sep 2, 2026
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Two Thai businessmen are suing Tether, alleging it froze 42.4 million USDT months before U.S. authorities obtained a seizure warrant. Tether calls the lawsuit baseless, but it raises the question of whether the issuer can freeze tokens in private wallets before any legal process. CoinDesk's Jennifer Sanasie hosts "CoinDesk Daily."