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Lawsuit says Tether locked $42.4 million in USDT months before any warrant existed

Published Source: CryptoPolitanRead original

Crypto Insight Summary: Two Thai businessmen sued Tether over $42.4 million in USDT frozen on a verbal Homeland Security request, four months before a judge signed a seizure warrant. Crypto Insight Analysis: Direction: Bearish USDT Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Legal issues may cause temporary USDT depeg concerns.

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Lawsuit says Tether locked $42.4 million in USDT months before any warrant existed — Crypto Insight