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What will be the outcome of the lawsuit against Tether for freezing $160M in tokens by the end of 2024?
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Resolution / Starting Odds
Settlement reached • 25%
Tether wins the case • 25%
Plaintiff wins the case • 25%
Case dismissed • 25%
Official court documents or press release from Tether
Story
Tether Faces Lawsuit for Freezing $160M in Tokens, Freezes 16.5M USDT in Three TRX Addresses
Aug 9, 2024, 01:59 PM
Tether is reportedly facing another lawsuit for allegedly freezing $160 million in Tether tokens. The freezing of these funds is linked to an alleged seizure of 180,000 Tethers. Tether allegedly shared a draft complaint with an individual claiming to represent the Chinese government, who then offered to intervene. Additionally, Tether has frozen three TRX addresses holding over 16.5 million USDT, potentially controlled by the same entity. The frozen addresses include balances of 10 million USDT, 6.47 million USDT, and 48.8K USDT.
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Celsius wins • 25%
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