The lawsuit alleged that Tether froze USDt funds in a Conduit wallet tied to an investigation launched by Brazilian authorities in 2024.
Policy
Conduit sues Tether over allegedly freezing $2.8M without explanation
Related
Policy
Circle Welcomes DJ Khaled to 'Team USDC' and Crypto Twitter Is Furious
Nothing in Circle's posts announces a sponsorship, but replies dug up Khaled's 2018 SEC settlement over a crypto fraud he promoted. The internet never forgets.
Policy
CFTC Wants Clearer Rules for Leveraged Crypto Trading in Major US Regulatory Push
The CFTC wants leveraged crypto exchanges to operate under clearer federal rules covering customer funds, surveillance, and market integrity.
Policy
Tether Hit With Lawsuit Over $2.76 Million Stablecoin Freeze
The payments firm alleges Tether froze its treasury wallet on its own initiative over a Brazilian investigation it has no connection to—and has profited from the reserves while refusing to release the funds for more than a year.
Policy
UK names 6 banks to lead first digitally native government bond
The DIGIT pilot will test distributed ledger technology and onchain settlement for UK sovereign debt, with issuance expected by the first quarter of 2027.