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Crypto Regulation

Two Thai businessmen sue Tether over $42.4M USDT freeze

Two Thai businessmen have filed a lawsuit against Tether, the issuer of USDT, over the freezing of $42.4 million in USDT. The plaintiffs allege that the freeze was unjustified and has caused them financial harm. This legal action highlights ongoing concerns about the power of stablecoin issuers to freeze assets.

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