Crypto Showdown: Tether Slammed with Lawsuit Over $2.76 Million Stablecoin Lockdown!

Crypto Showdown: Tether Slammed with Lawsuit Over $2.76 Million Stablecoin Lockdown!

The payments firm alleges Tether froze its treasury wallet on its own initiative over a Brazilian investigation it has no connection to—and has profited from the reserves while refusing to release the funds for more than a year.

This article was originally published by Decrypt. Click through to read the complete story. The payments firm alleges Tether froze its treasury wallet on its own initiative over a Brazilian investigation it has no connection to—and has profited from the reserves while refusing to release the funds for more than a year.

Category: regulation

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