▼ Bearish
Tether is facing litigation from Conduit, which claims that $2.76 million in USDT has been frozen for over a year without a valid Brazilian court order.
Conduit is demanding the return of the principal amount along with an additional $2.76 million in damages, stating that the frozen funds are critical to their operations.
Reporting aggregated and summarized by CLOM — research & education, not financial advice.