REGULATION | Conduit Sues Tether for Damages Over USDT Freezing
Cross-border payments company, Conduit Technology, has sued Tether, the issuer of the USDT stablecoin, alleging the stablecoin issuer froze $2.76 million of its USDT without justification and has refused to release the funds for more than a year. In a complaint filed in a U.S. federal court in New York, Conduit said Tether froze its treasury wallet in September 2025 in connection with a Brazilian police investigation involving former Conduit customer, Onix Intermediações. Conduit said Brazilian authorities did not […]
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- 2026-10-07 06:09 UTC
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- 2026-10-07 06:10 UTC
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- REGULATION | Conduit Sues Tether for Damages Over USDT Freezing
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Reviewed BitKE reporting on Payments matters for Cross-border payments and Stablecoin payments readers.
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BitKE reported the item at 2026-10-07T04:00:35.000Z.
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This event appears in Payments & Adoption because 1 public source support the summary. TxFlows classifies the evidence as reported news and reported news, with a standard reporting trust tier. Publisher links are shown only when the URL is safe to expose.
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