Unchained·Oct 6, 2026, 10:59 PM UTC

Payments Firm Says Tether Froze $2.76 Million Brazilian Police Didn’t Flag, Forcing Layoffs

7 outlets reporting

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$2.76M

frozen USDT

In a New York lawsuit, Conduit says Tether's financial-crime unit added its treasury wallet to freezes tied to a Brazilian probe that never targeted it, and has kept the money locked since September 2025.

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Crypto Briefing ↗
Conduit sues Tether over $2.76 million in frozen USDT
The Block ↗
Conduit sues Tether over $2.76 million freeze, says it has ‘no legal entitlement’ to funds
Protos ↗
Conduit sues Tether over $2.8M USDT freeze
Decrypt ↗
Tether Hit With Lawsuit Over $2.76 Million Stablecoin Freeze
Cointelegraph ↗
Conduit sues Tether over allegedly freezing $2.8M without explanation
Bitcoin.com News ↗
Conduit Sues Tether Over a $2.76M USDT Wallet Frozen for a Year

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Payments Firm Says Tether Froze $2.76 Million Brazilian Police Didn’t Flag, Forcing Layoffs

Also covered by 6 outlets

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