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Tether sued over frozen ‘pig butcher’ coins, 6,600 students get crypto loans: Asia Express

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Cointelegraph Staff
(11:40 PM UTC)
1 min read
JM
Reviewed byJames Mitchell

THAILAND

Thai businessmen sue Tether for freezing $42M in $61M pig butchering case

Two Thai businessmen have sued stablecoin issuer Tether in a New York district court, claiming it illegally froze $42.4 million in Tether USDt (USDT) in October, as part of a broader case tied to a pig butchering scheme.

The plaintiffs claimed that Tether illegally froze the $42 million without a warrant in October…

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