Conduit sued Tether for allegedly freezing $2.8M without explanation
The lawsuit alleges that Tether deposited USDt funds into a conduit wallet linked to an investigation launched by Brazilian authorities in 2024. Cross-border payments platform Conduit Technology has alleged that stablecoin issuer Tether has frozen $2.76 million of USDt (USDT) in September 2025 without explanation. In a complaint filed Monday in the U.S. District Court … Read more