Conduit Sues Tether Over a $2.76M USDT Wallet Frozen for a Year
Conduit Technology has sued Tether after the stablecoin issuer froze $2.76 million in the company’s USDT and allegedly kept it locked for more than a year. The stranger part is why. Conduit says Brazilian police never asked Tether to freeze its treasury wallet and that Tether’s own financial crime unit selected the address using criteria […]
Key Takeaways
- Conduit Technology has sued Tether after the stablecoin issuer froze $2.76 million in the company’s USDT and allegedly kept it locked for more than a year.
- The stranger part is why.
- Conduit says Brazilian police never asked Tether to freeze its treasury wallet and that Tether’s own financial crime unit selected the address using criteria […]
Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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