Tether Faces Lawsuit Over Preemptive $42.4 Million Stablecoin Freeze Ahead of Law Enforcement Warrant

September 3, 2026

Two Thai businessmen are suing Tether in Manhattan federal court after the firm froze $42.4 million in USDT four months before a formal legal seizure warrant was issued.
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Tether Secures Historic KPMG Financial Audit for El Salvador Entity but Keeps Full Report Private

August 17, 2026

Tether has completed its first full financial statement audit via KPMG U.S. for its El Salvador entity, earning an unqualified opinion under AICPA standards while keeping the detailed statements private.
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