Victims of Iran attacks seek court order for turnover of $344 million in USDT frozen by Tether
The Block·
60-second summary
U.S. terrorism judgment creditors are seeking a court order to compel Tether to release $344 million in frozen USDT linked to the Iranian Revolutionary Guard Corps. The creditors aim to seize the assets to satisfy a $2 billion terrorism judgment against Iran. This development could have significant implications for Tether's stability and the broader cryptocurrency market's perception of stablecoins.
U.S. terrorism judgment creditors seek a court order forcing Tether to turn over $344 million in frozen IRGC-linked USDT.