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CoinTelegraph • October 6th 2026, 9:00 PM

Conduit sues Tether over allegedly freezing $2.8M without explanation

Key Summary

Conduit Technology, a cross-border payments platform, has sued Tether, a stablecoin issuer, alleging that the latter froze $2.76 million in USDt without explanation in September 2025. The lawsuit claims that Tether's action has

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The lawsuit alleged that Tether froze USDt funds in a Conduit wallet tied to an investigation launched by Brazilian authorities in 2024.

#Crypto#Tether#Conduit#Stablecoins

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