Tether sued over frozen ‘pig butcher’ coins, 6,600 students get crypto loans: Asia Express

60-second summary

Thai businessmen file a lawsuit against Tether, claiming $42 million in USDT was frozen after being linked to a pig‑butchering scam, while Australian crypto firms confront hefty fines unless they secure licences by the regulatory deadline; the combined legal pressures heighten compliance costs and could dampen investor confidence across the broader digital‑asset market.