MetaEra's Riverstone Consultancy Inc. has filed a lawsuit against Tether to unfreeze 44.7 million USDT, valued at $44 million, frozen since April 2025. The freeze was initiated at the request of Bulgarian police, and the funds are held in eight offline wallets. The lawsuit alleges that the freeze violated international protocols requiring communication between Bulgarian authorities and foreign diplomatic channels. Cryptocurrency forensic analysis indicates potential links to Ponzi schemes such as BETL, Pegasus Ride, and LSSC.
Tether Faces Lawsuit Over $44.7M USDT Freeze at Bulgarian Police Request
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.