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The Texas company is suing Tether, alleging that it illegally froze $44.7 million in USDT and caused a missed major investment opportunity
In April, stablecoin issuer Tether froze $44.7 million in USDT at the request of Bulgarian police. Now, Texas-based firm Riverstone Consulting has formally filed a lawsuit accusing Tether of illegally freezing its tokens and causing it to miss a major investment opportunity. On April 4, Tether froze the assets of eight offline wallets controlled by Riverstone, according to a complaint filed in the Southern District of New York. The company contends that Tether is only guaranteed...
2025-10-17 00:42:39
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