Thai businessmen sue Tether for freezing $42M in $61M pig butchering case
Thai businessmen are suing Tether to unfreeze $42 million, claiming Tether lacked the authority to freeze the funds in relation to a $61 million pig butchering scam. The plaintiffs admitted their involvement in the scam.
- Estimated loss
- $42,000,000
- Protocols
- Tether
- Confidence
- High
- First seen
- 2 Sep 2026, 12:30 UTC