
Thai businessmen sue Tether for freezing $42M in $61M pig butchering case
The plaintiffs didn’t dispute their involvement in the pig butchering scam, but claimed that Tether did not have the authority to freeze the $42 million at the time.

The plaintiffs didn’t dispute their involvement in the pig butchering scam, but claimed that Tether did not have the authority to freeze the $42 million at the time.

Two Thai businessmen say Tether blacklisted $42.4 million of their USDT four months before any court authorized the freeze, and now they’re suing to get it back. A Freeze Before Any Warrant Nutthawat Rukthammachalern and Natthawat Kasamvilas filed suit against Tether on Aug. 31 in the U.S. District Court for the Southern District of New […]
A Tether USDT freeze lawsuit asks whether the issuer can lock $42.4 million in wallets without a warrant.


On Sept. 1, 2026, Russia flipped three switches at once. Federal Law 282-FZ brought bitcoin, ether, and USDT into a regulated market under the Bank of Russia. The digital ruble went live across the country’s 12 largest banks. And the…

Tether faces a New York lawsuit alleging it froze 42.4 million USDT before authorities obtained a warrant in a $61 million fraud probe.
Arch Lending now accepts PAX Gold and Tether Gold as collateral, opening credit access to a class of investors that have largely sat outside digital-asset lending. As gold’s recent run higher has renewed interest in the metal as a store of value, Arch Lending, the alternative-asset lending platform operated by ChainFi, Inc, today began accepting

KuCoin adds UTA support to its institutional lending program. New API clients face a lower 30-day volume requirement of 10M USDT. Eligible institutions can borrow up to 3M USDT across key products. KuCoin has upgraded its Institutional Interest-Free Lending Program by integrating support for its Unified Trading Account (UTA), as the crypto platform looks to […]

Toobit has reached the midpoint of the Toobit International Futures Tournament 2026 (TIFT 2026), with 33,000 registered traders. now competing across its team and solo championships. The tournament runs through September 9, 2026, with a total prize pool of 3,000,000 USDT. As the competition enters its second half, the team and solo leaderboards are taking […]

Five equity-backed notes issued through Luxembourg’s ORO II fund will trade against dollars, USDT and Bitcoin for eligible non-US investors.
Tether calls its Adecoagro farms 'Stable Cows.' See how 14,500 dairy cows now feed its Bitcoin mining push.

Anchorage Digital's transparency in USA reserves enhances trust, positioning Tether to capture institutional demand amid evolving US regulations.

MEXC has launched a Visa-linked Global Card offering eligible users up to 10% cashback in USDT as monthly crypto card spending reached $759 million in July, roughly 2.5 times its level a year earlier. According to MEXC’s Aug. 31 announcement…

Tethers USA held more than $175 million in circulation for a second month as reserve assets reached $175.9 million and surplus hit a record.

Deputy Chairman Anatoly Popov told state media that trading could hit 4 trillion rubles in its first year, as the bank prepares to broaden crypto-backed lending once regulators sign off.

USDC's expanding issuance enhances crypto market liquidity, intensifies competition with USDT, and signals Solana's growing institutional appeal.

The expansion is contingent on new crypto rules taking full effect and the Bank of Russia permitting the assets for public circulation.


Brazil’s CNMP held training on cryptoasset recovery, custody and disposal, bringing public officials and industry specialists together in Brasília.

Tether CEO Paolo Ardoino has challenged the Bank for International Settlements’ preference for tokenized bank deposits, arguing that fully reserved stablecoins give users a stronger alternative to money held under fractional reserve banking. The Bank for International Settlements laid out…