Two Thai Businessmen Sue Tether Over $42.4M USDT Freeze as Issuer Calls Case ‘Baseless’
Tether is dealing with a lawsuit within the Southern District of New York over the freeze of $42.4 million in USDT belonging to 2 Thai businessmen, Nutthawat Rukthammachalern and Natthawat Kasamvilas. The plaintiffs allege that Tether blacklisted their Ethereum addresses in late October 2025 after receiving a casual request from an agent with the US…
