Tether's New Lawsuit Could Redefine How Stablecoins Handle Law Enforcement Demands
Yahoo Finance·2025-10-16 17:40
Was Tether too eager to comply with law enforcement requests? Credit: Rosemary Ketchum. Key Takeaways A recent lawsuit has accused Tether of unfairly freezing USDT wallets. According to Riverstone Consultancy, Tether froze $45 million at the request of a local Bulgarian police department. The case could shape how stablecoin issuers process law enforcement requests. Earlier this year, Tether CEO Paolo Ardoino boasted that no other company “has such a breadth of collaboration with law enforcement.” ...