Lawsuit questions Tether’s alleged pre-warrant freeze of $42.4 million in USDT

A lawsuit is challenging Tether’s alleged decision to freeze $42.4 million worth of USDT before U.S. authorities obtained a seizure warrant, according to CoinDesk. The plaintiffs claim the stablecoin issuer acted after receiving an informal request from U.S. law enforcement. That request allegedly came more than three months before the warrant was issued. The case centers on whether Tether was justified in restricting access to the funds before a formal legal order was in place. The allegations have not been established as fact in the information provided. The dispute places Tether’s handling of law-enforcement requests and its ability to freeze USDT at the center of attention for the cryptocurrency market.